QUESTION IMAGE
Question
- governments role in a market economy is ______.
options: pervasive, null, limited, expansive
Brief Explanations
In a market economy, the core principle is that supply and demand drive most economic activity. Governments typically only intervene to correct market failures, enforce property rights, and maintain basic regulations, rather than controlling most economic decisions. This means their role is not extensive (expansive), non-existent (null), or widespread (pervasive), but rather restricted to key, narrow functions.
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