Justifyyy What is the purpose of a free-market system?a. to protect the conditions that enablespecializationb. to stimulate the growth of the gross domesticproductc. to raise the standard of living for everyone inthe countryd. to allow consumers and producers to maketheir own decisions

Most countries began to abandon the concept of a free-market economy after the Great Depression.…

Answered: c. to raise the standard of living for…

c. to raise the standard of living for everyone in the country d. to allow consumers and producers to make their own decisions

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter1: What Is Economics

Section: Chapter Questions

Problem 1AA

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