There are three factors that suggest that market forces alone can solve environmental problems: consumer responses to prices and supply, corporate responses to consumer demand, and political pressure that backs consumer choices.

Question

Quizplus · Accepted Answer

While market forces can play a role in addressing environmental problems, they are often insufficient on their own. Government regulation and action is often necessary to ensure that externalities (such as pollution) are properly accounted for and addressed. Additionally, some environmental problems may not be effectively addressed through consumer or corporate actions alone, such as climate change.

There Are Three Factors That Suggest That Market Forces Alone