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weeeeeb [17]
3 years ago
12

It is illegal for the president of the united states to interfere in labor disputes. true or false?

Social Studies
1 answer:
Bond [772]3 years ago
7 0
False!

It is NOT illegal for the president of the US to interfere in labor disputes.
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A market economy is a type of economic system where supply and demand regulate the economy, rather than government intervention. A true free market economy is an economy in which all resources are owned by individuals. The decisions about the allocation of those resources are made by individuals without government intervention. There are no completely "free-enterprise" or market economies. The United States has more characteristics of a market economy than a command economy, where a government controls the market. In a market economy, the producer gets to decide what to produce, how much to produce, what to charge customers for those goods, and what to pay employees. These decisions in a free-market economy are influenced by the pressures of competition, supply, and demand.
 
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