Answer:
freedom for consumers and producers
competition between businesses
distribution by price
motivated by self-interest
Explanation:
Select all the items that describe a free market economy.
In a free market system ,there is an interaction between the forces of demand and supply. It is a market where prices are determined by private owners not rules and regulations by the government.
Items involved in a free market system are the following
a.freedom for consumers and producers
b. competition between businesses
: The competition is free and fair for all
c .distribution by price
: Distribution is by commodity prices
d. motivated by self-interest: Free markets is usually motivated by the interest to supply goods and services to meet the needs of the society and in turn, when there is a demand for goods and services, then buyers will show up.
