Advantages Disadvantages of a Free Market Economy?


An advantage of the market economy system is that there is economic freedom. Also the system in theory regulates itself since money flows where there is the greatest demand, competition is rewarded, and initiative is encouraged. ON the other hand it can be manipulated by the unscrupulous and although it follows this does not mean that people will demand or value things which are actually valuable.
Q&A Related to "Advantages Disadvantages of a Free Market Economy..."
i have no idea! im in gade 8 at wghs and i need this for an assignment! helllp someone please answer this question!
I suggest you look for ways to understand and enjoy economic, because it does affect your life. Those who shut down and refuse to understand it may vote for officials based on silly
Economies transitioning from a centralized or socialist economic system like that of Cuba to an open-market system of capitalism like that in the United States have the advantage
The ability to create equality. Embed Quote
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