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inessss [21]
3 years ago
10

decribe three ways that your life would change if the united states began using a pure free market system or a pure free central

ly planned system instead of a mixed economic system​
Social Studies
1 answer:
padilas [110]3 years ago
4 0

Answer with Explanation:

If the United States will  start using a pure free market system, many things will change in my life.

As a customer or consumer,<em> I will be given the freedom to choose the price point of any product according to my satisfaction.</em> I will have more sovereignty over the production of goods.

Next,<em> I will probably not be able to purchase some goods or services because having a pure free market system means "having a limited range of goods or services."</em> When one good or service doesn't make enough profit, it can be immediately pulled out from the market.

Lastly, <em>the pure free market system would probably be hazardous to my health</em>. It is clear that this kind of system is <em>"profit-oriented</em>" thus, companies will not mind taking care of the environment as long as they keep on producing what's beneficial for them. <u>The environmental standards will not be followed.</u>

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Explanation:

Geographical immobility, difficulty in moving from one region to another.

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Capital immobility, if there is a rapid structural change in the economy, to keep up to date with changing nature of the economy.

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IV (four).

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