How is security handled in a free market system

1 answer:

6 0

I assume that you are talking about security in the sense of police or national defense.

In a pure free market system, you would have no overall police force or army. These things (this kind of security) are called "public goods" because they are things that everyone gets use from. In other words, the army can't protect me without protecting my next-door neighbor. For that reason, there's no way an army could be profitable and so no private company would produce an army (it couldn't tell my neighbor "we'll stop protecting you from the Russians if you don't pay your army bill").

Public goods will only be produced if the government produces them. So security (except for things like private security guards) will not exist in a pure free market economy.

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WORLD HISTORY ASSIGNMENT. PLEASE HELP! :)

otez555 [7]

These are just examples because this is supposed to be your opinion.
1)I will always fight for the United States of america not ever anywhere else.
2)The United states is my home town, its where i was born and raised, I will always fight for the people i love and my country.
3)Fighting in the was was nothing like i expected, it is horrible but, you have to be brave and stand up for the people and your country.
4)No because we did not have enough supplies which made us loose many lives.
5) I will leave this one for you :')
6) I know my enemy does not care for the people they have killed , all they care about is staying alive and gaining power.
7)If i make it out alive My goal is to go home and unite with my loved ones, i wish to make america a better and safer place,
8)Its pretty hard to pass time, i usually try to think of positive memories.
9) That i love them and i will try my best to come back as soon as possible to spend every second with them.
10) I would like to tell the nation that i'm fighting for to stay strong and positive and never give up on anything or anyone, that us soldiers are here to keep you and your family's safe and pray for all these soldiers to make it to their families unharmed.

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3 years ago

Which group of nineteenth-century immigrants received the most efficient processing?

Lerok [7]

Answer:

Europeans at Ellis Island

Explanation:

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2 years ago

Why did Parliament believe the colonists would accept the Tea Act of 1773?

d1i1m1o1n [39]

<span>The correct answer should be This act substantially lowered the price of tea sold in the colonies. Sure the act would drop prices, but it would also give Britain the monopoly over the trade so if the colonies wanted to trade with others they wouldn't be able to. Also, all the money would go to Britain so they didn't have much from it.</span>

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3 years ago

How did louis xvi deal with his limited power at the local level? group of answer choices he bribed people in the provinces to s

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Louis XVI was able to deal with his limited power at the local level by bribing the local officials to carry out his policies.

<h3>Who was Louis XVI?</h3>

He was the last King of France before the fall of the monarchy during the French Revolution and was called the Citizen Louis Capet during the four months just before he was executed by guillotine.

The limited power at the local level meant that he was unable to influenced the officials at the local level of each corners to the French Kingdom.

However, he was able to deal with his limited power at the local level by bribing the local officials to carry out his policies.

Therefore, the Option A is correct.