The greater the profit motive in an economic system , the greater the likelihood of a.Innovation b.Equity c.Security d.Governmen

Question

MrMuchimi

3 years ago

15

The greater the profit motive in an economic system , the greater the likelihood of a.Innovation b.Equity c.Security d.Governmen

t controlling the factors of production

Computers and Technology

1 answer:

xxMikexx [17] · Answer 1 · 2022-03-25T01:10:30+03:00

Answer:

d. Government controlling the factors of production.

Explanation:

Businesses exist to make profit. There is requirement to provide value for money to the customers in order for a business to achieve success. When a business fails to provide good customer service and exists only to make profits they might fail. In such situation government intervenes to stop the monopoly and save the consumers from the mercy of business.