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Sagot :
A market economy differs from a subsistence economy in that people can purchase goods rather than producing all they could need. As a result, choice (D) is the best one.
What distinguishes a market economy from a subsistence economy?
A market economy, not money, is the foundation of a subsistence economy. In a market economy, goods are created and sold in order to make a profit. In a subsistence economy, people produce goods to help them maintain themselves or their families.
In a market economy, decisions about investment, production, and distribution to consumers are influenced by the price signals produced by the forces of supply and demand. All suppliers and consumers are not constrained by price controls or restrictions on the freedom of contracts in this type of economic system.
Contrast subsistence farming with a subsistence economy, which frequently provides a low standard of living and is not reliant on money and in which barter may be used instead of transactions such as buying and selling.
Learn more about the subsistence economy and market economy, here:
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