Asked by Haley Melton on May 16, 2024
Verified
Most market economies, such as the U.S. and the U.K., allow government policies and actions aimed at promoting economic growth and stability.
Market Economies
Economic systems where supply, demand, and prices are driven by decisions made by consumers and businesses rather than central planning.
- Acknowledge the role of government policies in promoting economic growth and stability in market economies.
Verified Answer
OW
Octavia WhiteMay 16, 2024
Final Answer :
True
Explanation :
Most market economies, including the U.S. and the U.K., have some degree of government intervention in their economies to promote growth and stability, but the level of intervention can vary.
Learning Objectives
- Acknowledge the role of government policies in promoting economic growth and stability in market economies.