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Business Studies

Coordination & Importance of Coordination

Which of thes...

Question

Which of these is mostly associated with market economy?

A

Increase in quality of life

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B

Profit motive

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C

Social justice

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D

Public service

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Solution

The correct option is A Profit motive
Market economy or capitalist economy emphasis more on the profit maximization cause. For the market economy, profit motive gains the highest priority.

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