The correct answer is C:
In order that
Explanation:
To explain this, let's break down the given sentence and analyze the options:
The sentence states that in order for a market economy to become effective, potential benefits should be maximized and risks minimized. We are looking for an option that appropriately introduces this condition.
- Option A:
In the event that
- This phrase is used to introduce a possible future event or situation. It does not fit in the context of the sentence, which is discussing the conditions necessary for a market economy to become effective.
- Option B:
In view of
- This phrase is used to introduce a consideration or opinion. It does not convey the intended meaning of the sentence, which is to highlight the necessary conditions for a market economy.
- Option C:
In order that
- This phrase is used to express purpose or intention. It perfectly fits in the context of the sentence, as it indicates that the maximization of benefits and minimization of risks are necessary in order for a market economy to become effective.
- Option D:
Otherwise
- This word is used to indicate a different or contrary outcome. It does not convey the intended meaning of the sentence, which is to highlight the necessary conditions for a market economy.
- Option E:
But for
- This phrase is used to introduce an exception or exclusion. It does not fit in the context of the sentence, which is discussing the necessary conditions for a market economy.
Therefore, based on the analysis above, option C:
In order that
is the correct answer as it appropriately introduces the purpose or intention of maximizing benefits and minimizing risks for a market economy to become effective.