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irinina [24]
2 years ago
10

What is a characteristic feature of market economies?

Social Studies
1 answer:
defon2 years ago
3 0

Answer: I think it C. government ownership of land

Explanation:

A market economy functions under the laws of supply and demand. It is characterized by private ownership, freedom of choice, self-interest, buying and selling platforms, competition, and limited government intervention. Competition drives the market economy as it encourages efficiency and innovation.

Hope it helps if not sorry

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In the specific factors model, a country's production possibility frontier is ________ because of _______
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Answer:

a curved line; diminishing marginal returns

Explanation:

Specific Factors Model is simply a model answers the question below: How trade affect the earnings of labor, land and capital, We turn our focus to the Home and Foreign countries with slightly different assumptions. Its assumptions includes

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8 0
3 years ago
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5 0
2 years ago
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Answer:

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2 years ago
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