what are the advantages of market
Home
/
Social Sciences
/
what are the advantages of market
what are the advantages of market
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Answer:
Advantages of a Market Economy
A market economy has several advantages: Competition leads to efficiency because businesses that have fewer costs are more competitive and make more money. Innovation is encouraged because it provides a competitive edge and increases the chance for wealth.
Explanation:
it's help you