What are the advantages a market economy offers producers?

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09-06-2017
Business

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What are the advantages a market economy offers producers?

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AeonRaye AeonRaye · Answer 1 · 2017-06-09T01:36:26+02:00

AeonRaye AeonRaye

09-06-2017

1. Its high degree if individual freedom.
2. Adjusts gradually to change over time.
3. Relatively small degree of government interference.
4. Decision making is decentralized.
5. Variety of goods and services.
6. High degree of consumer satisfaction.

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