Per NCERT, what is the FREE MARKET'S role in distributive justice from a liberal perspective?
AThe free market is irrelevant to justice
BThe free market alone produces perfect justice with no need for state action
CThe free market is one means of distributing rewards efficiently — but liberals concede it may need state correction to ensure equal opportunity + a safety net
DThe free market necessarily produces caste hierarchies
Answer & Solution
Correct answer: C. The free market is one means of distributing rewards efficiently — but liberals concede it may need state correction to ensure equal opportunity + a safety net
NCERT presents the liberal view as competition-plus-corrective-state, not laissez-faire absolutism. The other options misstate it.
Related questions
Informally, a person who seeks to avoid war is called a dove. What is the opposite?What is pacifism?Post-World War II Europe moved from economic integration to political unification. Which aThe first approach to peace manages competition among sovereign states through which arranWhich post-apartheid country is called a prominent political success story?Which country is named as a military dictatorship that uses force against its own people?Inspired by Gandhi, who fought anti-Black discrimination in the USA in the 1960s?How did Gandhi change the meaning of non-violence in a positive direction?