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Competition within industries motivates a market economy. With more options, consumers will spend money on the products they want, which will help the economy.
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Related Questions
What motivates suppliers in a market economy?
help me I need this answer
What is the type of government for traditional economys?
communism
Does Barack Obama want Economys?
yes
What motivates the Market economy?
the purchase of a consumer (CONSUMER) (: welcomeee
What motivates the actors of a free market?
i dont really know
What is the adjustment of an economys money supply by a central bank?
Monetary policy
What do the profit motive motivates producers to do in a free market system?
Minimize costs and maximize revenue.
In a free market system the profit motive motivates producers to do?
Minimize costs and maximize revenue.
In a free-market system the profit motive motivates producers to do?
Minimize costs and maximize revenues.
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Curiosity, rewards, spend their time?
In a free market system the profit motive motivates producers to do which of the following?
minimize costs and maximize revenues
How did General US Grant become famous during the winter of 1861-1862?
By destroying every confederate economys he came across
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