What distinguishes a market economy from a free-enterprise economy?
A market economy is based on set prices that businesses use to produce goods that consumers need.
A free-enterprise economy allows the government to freely regulate the quantity of items produced as supply decreases in a market economy.
A market economy is based on supply and demand, and a free-enterprise economy is based on relying on demand to produce products to make money.
In a market economy, the supply and demand of goods is determined by consumers who are free to set their own prices in a free enterprise
Well that question could have multiple answers... one of them being set prices, and money balances. Another being product demand on goods and services. It's really your choice on what you think distinguishes these factors. There's to many opinions on this to just give one answer.
Answer: It's C. "A market economy is based on supply and demand, and a free-enterprise economy is based on relying on demand to produce products to make money." Good Luck!
