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Question
in a market economy, which group is most responsible for producing the goods people in society need? a. international organizations b. private businesses c. family members d. government agencies
In a market - economy, private businesses operate to meet consumer demand for goods through profit - seeking behavior. They respond to market signals like prices and consumer preferences to produce what society needs. International organizations mainly focus on global cooperation and regulations, family members produce mainly for self - consumption, and government agencies may provide some public goods but not the majority of consumer goods.
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B. Private businesses