To act as a. To act as the motivating force behind the free market.
To provide revenues for government programs needed to protect the.
What is the motivating force behind the free market. Self-interest is the motivating force in the free market. Producers struggle for the consumers dollars. This is known as competition and is the regulating force of the free market.
The motivating forces behind the free market are consumer demand and consumer choice. Thats why a free market is so good at providing consumer goods. Its also why the free market so bad at things where consumer choice is irrelevant that do better with careful needs analysis and central planninglike police fire health care transportation infrastructure primary education etc.
The motivating force behind the free market is self-interest. But to understand the answer to this question we need to define what a free market is. See full answer below.
1 question What is the motivating force behind the free market. A Self-interest b The invisible hand c Specialization d Competition It can only be one. Why does a free market need some government intervention.
They provide for things that the marketplace does not address What is the motivating force behind a free market. What is the product market. The market in which households purchase the goods and services that firms produce What is the motivating force behind the free market.
Self interest is the motivating force behind free market Spurs consumers to purchase certain goods services firms to produce them competition is the regulating force causes more production and moderates firms quest for higher prices. To act as a regulating force in the marketplace b. To cause producers to attempt to put each other out of business c.
To cause buyers to have to be careful about spending their money d. To act as a motivating force behind the free market. To act as a regulating force in the marketplace B.
To cause producers to attempt to put each other out of business C. To cause buyers to have to be careful about spending their money D. To act as the motivating force behind the free market.
What is the motivating force behind the free market. The invisible hand d. What is the reasoning behind forcing people to pay taxes in a free-market economy.
To provide revenues for government programs needed to protect the. Self-interest is the motivating force driving the free market what is the regulating force. The closest answer is to act as a motivating force behidn the free market.
The purpose of competition is for businesses to try to outdo each other in order to earn more. By doing this businesses will come up with newer ways to please their customers. To act as a regulating force in the marketplace b.
To cause producers to attempt to put each other out of business c. To cause buyers to have to be careful about spending their money d. To act as a motivating force behind the free market.
The purpose of competition is. To act as a. Goods and services that firms produce are purchased by households.
The hope of reward or the fear of punishment that encourages a person to behave in a certain way. Self interest is the motivating force behind the free market competition is the regulating force. Self-interest is the motivating force driving the free market what is the regulating force.
Self-interest is the motivating force behind the free-market. People produce goods and services for their own personal gain. Is the struggle among producers for the dollars of consumers.
This helps control firms selfishness. To act as a regulating force in the marketplace b. To cause producers to attempt to put each other out of business c.
To cause buyers to have to be careful about spending their money d. To act as a motivating force behind the free market. According to Adam Smith the invisible hand regulates the market through self-interest and competition.
To act as a motivating force behind the free market ____ 21. What is the function of an economic system. To make sure all people have equal access to goods.
To produce and distribute goods and services. To give all producers the same access to consumers.