Answer:
owning something gives you the right to buy and sell it. profit would be impossible without the right to own property. (tangible items and land)
buyers and sellers freely exchange goods and services on the market. the market forces of supply and demand determine what prices will be.
people own self interest motivates them to produce, in the hope of making a profit. self interest is also an incentive for consumers, who seek to fulfill their wants and needs at the best price possible.
people are free to choose what to produce and what to consume. the choices producers and consumers make determines what goods and services are available.
producers compete with each other for profit by trying to produce goods and services that will be most attractive to consumers. this leads to innovation (new ideas) and better prices
The government does not make rules about what and how much gets produced. The government's main role is to make sure the market is fair and producers have a chance to compete.
Explanation:
Brainliest is very much appreciated.. :3
