“Owe my soul to the company store”
Buying on credit, from employer, means you will likely fall into a cycle of debt to one supplier. Limiting your ability to make purchases from other vendors.
Or to even look for work in another town/move on. Until you pay of your recurring debts, employer effectively owns you!!
Companies in say mining towns, owned or controlled every business from butcher shop, general stores, the bank etc. A monopoly.
Countries that have "free-market" economy generally have better standards of living. It is an economy whereas it is dependent of supplies and demands. By no meaning it has no controls within the government.
Answer:
A hybrid economy is any type of local, state, or national economic system that involves a more or less equal focus on two or more different types of economy. This hybrid economy model is a relatively common structure that has been utilized in many different settings over the history of humankind.
Automobiles would cost more money because the companies that produce them could only import a certain amount in a certain amount of time so the demand of them would increase thus increasing the cost.
