Choose the below statement is true/false;

Markets offer opportunities which are extremely unequal.

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True

False

answer is A.

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Detailed Solution

The above statement is True.
The opportunities the market offers are highly unequal. Anyone is free to sell their products to whomever they want, but the profit is not distributed equally. Generally, the profit or maximum earnings are gained by the rich and powerful people, like those who own factories, large shops, significant land holdings, and who have lots of money. The poor people earn low earnings as compared to the work done by them. They also have to depend on these rich people for loans, raw materials, marketing of their goods, and employment. Due to their dependence, they are exploited in the market.

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