QUESTION IMAGE
Question
- governments role in a market economy is ______.○ expansive○ null○ limited○ pervasive
Brief Explanations
In a market economy, the core principle is that most economic activity is driven by private individuals and businesses. The government's role is typically restricted to enforcing property rights, regulating to prevent market failures, and providing public goods, rather than controlling most economic decisions. An "expansive" or "pervasive" role would describe a command economy, while "null" is incorrect as governments always have some role in market economies.
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○ limited