Answer:
someone who would not choose to pay for a good or service, but who would get its benefits anyway if it were provided as a public good
Explanation:
The free rider is an economic term that designates the method of living of opportunistic people who seek to obtain all the possible benefits of public services without paying the cost of the benefit, that is, without contributing socially. For example, a worker can act as a free rider when he obtains benefits from the trade unions, but does not pay the union contribution.
Answer: Consumers must be knowledgeable
A free enterprise system would result to economic prosperity for consumer’s demands will be provided with high quality products at a lower cost.
However, one downside of this is that consumers will be more knowledgeable of the product and have the tendency to purchase only those particular choice of goods. Then, producers will control the products by purposely withhold supply from entering the marketplace and establish artificial price hike. Moreover, the free enterprise system will also limit to consumers the access to suitable alternative products.
<span>the answer of this question is:
establish respect for the office of the presidency. that is possible because George Washington was the first president (1789-1797) who established the United State president's residence white house.It is very probable that he protected such a great and precious national monument.</span>
One of the changes to Arkansas economy that could have lessened the effects of the Great Depression and hastened the state's recovery would have been that of diversifying its sources of income. Arkansas relied mostly on agricultural production, and besides this, its industries were extremely limited. This meant that the state was greatly affected by the low crop prices of this time period. It also meant that the many floods and droughts of the time severely affected the economy. However, if agriculture had not been the only major economic enterprise of the state, the effect would have been lessened.
