Scribd Logo
Upload

Welcome to Scribd!

  • This Study Resource Was: T H e Market Economy

    Uploaded by

    Hyasmin Buenviaje
    7 views1 page
    A well-functioning market economy requires clearly defined property rights, stable legal and monetary systems, freedom to operate businesses, oversight of natural monopolies, adequate information sharing, autonomous consumer preferences, management of externalities, safety nets, innovation incentives, and protection from violence.

    Original Description:

    Original Title

    The_Market_Economy.docx

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    A well-functioning market economy requires clearly defined property rights, stable legal and monetary systems, freedom to operate businesses, oversight of natural monopolies, adequate information sharing, autonomous consumer preferences, management of externalities, safety nets, innovation incentives, and protection from violence.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    7 views1 page

    This Study Resource Was: T H e Market Economy

    Uploaded by

    Hyasmin Buenviaje
    A well-functioning market economy requires clearly defined property rights, stable legal and monetary systems, freedom to operate businesses, oversight of natural monopolies, adequate information sharing, autonomous consumer preferences, management of externalities, safety nets, innovation incentives, and protection from violence.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    T h e Market Economy

    Well-functioning market requires:


    1. Clearly property rights
    2. Laws and courts
    3. Freedom to establish business
    4. Stable currency
    5. Public supervision of natural monopolies
    6. Provision of adequate information
    7. Autonomous tastes
    8. Public management of externalities
    9. Stable monetary and fiscal policy instruments
    10.Safety nets
    11.Encouragement of innovation
    12.Security for violence

    m
    er as
    co
    eH w
    o.
    rs e
    ou urc
    o
    aC s
    vi y re
    ed d
    ar stu
    is
    Th
    sh

    This study source was downloaded by 100000807318505 from CourseHero.com on 07-11-2021 18:59:32 GMT -05:00

    https://www.coursehero.com/file/100134615/The-Market-Economydocx/
    Powered by TCPDF (www.tcpdf.org)

    You might also like