Which statement regarding conservatives’ worldview on markets and economic policies is accurate?
1
Free competitive markets best reflect dynamic social needs so minimal regulatory interventions are preferred.
2
Balancing markets with moral, cultural safeguards is needed to nurture community roots and stability.
3
Institutions facilitating shared access to common resources sustain reciprocity so should be strengthened.
4
Public welfare schemes creating dependence hurt enterprising spirit hence are undesirable.