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Which of the following best explains why the government makes a…

  • Question 11a of 25 - laws in a free-market

  • Maximum Attempts: 1
  • Question Type: Multiple Choice
  • Maximum Score: 2
  • Question: Which of the following best explains why the government makes and enforces laws in a free-market system?
  • Answers:
  1. Workers pressure the government to guarantee minimum wages.
  2. The government needs to plan efficient outcomes.
  3. Laws against theft, fraud, and coercion are needed to protect free choice.
  4. Competition among producers by itself cannot ensure a wide range of consumer choices.

The correct answer is: Laws against theft, fraud, and coercion are needed to protect free choice. Without laws to protect people, choices might not be made freely.

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