Question

what is the difference between a subsistence economy and the market economy that developed as a result of nineteenth century transportation innovations?
in a subsistence economy, families depend on others to produce the goods they need.
a subsistence economy is a shared economy, so everyone has enough.
in a market economy people can buy, rather than produce, things they may need.
a market economy means that people can sell whatever they can produce

Explanation:

• Analyze Option 1: In a subsistence economy, families typically produce most of what they need themselves, not depend on others. So this is incorrect.
• Analyze Option 2: A subsistence economy is about producing for one's own needs, not a "shared economy" ensuring everyone has enough. This is incorrect.
• Analyze Option 3: In a market economy, due to specialization and trade, people can buy goods/services instead of producing everything themselves. This matches the difference with subsistence (where self - production is more common).
• Analyze Option 4: A market economy has regulations, competition, and demand - supply factors; people can't just sell whatever they produce (e.g., illegal or non - demanded goods won't be sold freely). This is incorrect.

Answer:

C. In a market economy people can buy, rather than produce, things they may need.