The government never can intervene in a market economy to address the disparities that market economies occasionally produce.
The given statement is False.
An economy is a system of inter-related consumption and production activities that ultimately determine the allocation of resources within a group. The consumption and production of services and goods as a whole fulfill the needs of those living and operating within it.
Market-based economies, also known as free market economies, are self-regulated, allowing goods to be produced and distributed in response to consumer's demand.
Command-based economies are regulated by a government body that determines the goods which are produced, their quantities, and the price paid for the goods.
In the modern world, few economies are purely market-based or command-based.
To know more about Economy :
brainly.com/question/2421251
#SPJ4