Answers KCPS American Government 2027 Introduction to Government — TestQuestion 12

12

QuizMultiple Choice

Introduction to Government — Test

Question 12 • *KCPS American Government (2027)

Which element would be different in an absolute free-market economy?

Answer

A

The government would not intervene to regulate prices.

B

Prices would not be influenced by supply and demand.

C

Private individuals and groups would not be able to own and control resources.

D

Buyers and sellers would not be free to exchange property or negotiate prices.

Explanation

In an absolute free-market economy, buyers and sellers make choices and prices are determined by supply and demand, with little or no government intervention. Therefore, the statement that the government would not intervene to regulate prices describes a free-market economy. The other choices contradict its defining features: private ownership, voluntary exchange, and prices shaped by supply and demand.

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