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What role does private ownership play in a market economy?
Answer:
B. It motivates people and businesses to buy property
Explanation:
A market economy a form of economic system that a situation in which economic decisions that deals with the pricing of goods and services are guided by price factors created by the forces of supply and demand.
In other words, market economy is a type of economic system where the forces of supply and demand dictate the economy, instead of government intervention.
Hence, in a market economy, the role of private ownership is that, it motivates people and business to buy properties.
Due to limitation of government intervnetion in the economy, while the goods and services produced in the economy are owned privately, this in turn makes private ownership, together with the freedom to negotiate legally binding contracts, mktivates and permits people and businesses to get and use resources as they choose.
Also, due to the freedom of buying and selling of what individual may needs or wants, this system of economy motivates, various segement of the economy such as Consumers to freely buy the goods and services that best fill their interests, or Workers are to freely seek any jobs for which they are qualified and willing to work for.
(I'm not sure what time frame you mean) but at one point people were afraid to explore the world because they thought the world was flat as opposed to round and feared falling off the face of the Earth.
Answer:
An open free market sale of government securities.
Explanation:
The answer of the Federal Reserve (Fed) would be to sell government securities in order to equilibrate and control the money supply. When the Federal Reserve is buying and selling the government securities in the free market what it is done, is to increase or decrease the amount of money in the banking system.
Answer:
The U.S. Constitution gives much of the foreign policy decision-making to the presidency, but the Senate has a role in ratifying treaties, and the Supreme Court interprets treaties when cases are presented to it.
Explanation:
