All the following are features of market economies except
Answer Details
A market economy is an economic system where the production and distribution of goods and services are determined by the interactions of buyers and sellers in a market. The features of a market economy include competition among producers, the forces of demand and supply guiding production decisions, and the paramountcy of profit motive. Therefore, public ownership of capital is not a feature of market economies as the private sector owns and controls capital in this system.