Why are market-based economic systems more dynamic
â€"better able to adjust to the changing needs of societyâ€"than planned economies?
a. Market-based economic systems encourage entrepreneurs to produce a wide variety of goods and services based on consumer demand.
b. Market-based economic systems empower political leaders to allocate goods and services in a manner that accounts for society's changing needs.
c. Market-based economic systems guarantee that the people will have the ability to change society through the ballot box.
d. Market-based economic systems are not more dynamic than planned economies.
Answer: a
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