Why are free market economies able to attain economic growth?
a. consumers can purchase all the goods they need, which causes firms to produce more.
b. competition encourages innovation, which causes growth.
c. everyone is acting in their own self-interest, which motivates market growth.
d. firms keep producing incentives to encourage households to purchase more goods
(not a.)
which of the following results from having a nation having conflicting economic goals? a. the nationalizing of some industries b. the need to rank choices in order of importance c. the need for economic safety nets d. government regulation of domestic industries
(not a.)