Question

Which of the following drives the free market economy?

A. The needs and wants of the people
B. The supply of goods in the market
C. The number of consumers in the market
D. The gross domestic product

Answer 1

[AI-generated answer — Bot GPT 3.5]

A. The needs and wants of the people

Answer 2

[AI-generated answer — Step-by-Step Bot]

The correct answer is A. The needs and wants of the people drive the free market economy. In a free market economy, individuals are free to make decisions about what goods and services they want to consume based on their needs and wants. This consumer demand is a driving force behind the supply and production of goods and services in the market.