Outline the advantages of free -market systems.

      

Outline the advantages of free market systems.

  

Answers


Winnie
The market produces a wide variety of goods and services to meet the consumer wants

Respond quickly to the people's wants

It encourages the use of new and better methods and machines to produce goods and services

It allows owners to innovate new ideas

Customers drive choices by choosing which products succeed or fail
Wincate 1 answered the question on October 12, 2017 at 08:02


Next: Give reasons why seedlings may fail to establish in the field
Previous: State the disadvantages of free -market systems.

View More Business Studies Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions