In a market economy, the production and distribution of goods and services are primarily determined by:

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B) The forces of supply and demand in competitive markets. A market economy is characterized by private ownership and decisions driven by supply and demand. Consumers' desires and producers' responses dictate what is produced, how much, and at what price, with minimal government intervention.

In a market economy, the production and distribution of goods and services are primarily determined by:

✓ Correct Answer: Option B

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