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.
Answer: competition encourages innovation, which causes growth. Hope This Helps, Popraci (Side note: Was The last Answer Correct?)
you are a big help thank you so much
Its no problem really. Got to go I will try to help you later (= If you get stuck on a problem message me the problem and when I login again I can give you the answer? Anyway Hope This Helps, Popraci
Join our real-time social learning platform and learn together with your friends!