What is one result of competition in a free-market economy?
A. Consumers can choose which company's products they want to buy.
The economically imperial policy of neo colonialism was championed by US.
Explanation:
US wanted to increase its sphere of influence and to have more market for their bludgeoning production and factories.
Thus they forced or made many other countries to turn towards a free market economy of which the US was a proponent and then made them a part of their own economic system.
This they did in newer economies that had recently been decolonized or became countries anew. This was to take advantage of early capitalist economies and to have their influence laid over these developing economies.
Answer: The invisible hand theory basically tries to convey that without any intervention, if all individuals in the economy act in their best self-interest, the result is automatically in the best interests of the economy. The results will always be better than those of a centrally planned and regulated economy.
Explanation: You're Welcome! ^^
From: Tetsuro Kurro ^^
Answer:
Snafu is military slang from World War II — an acronym for "Situation Normal, All [let's say Fouled] Up."
Explanation:
