All categories

3 years ago

In economics, a free market is best described as

Social Studies

2 answers:

AVprozaik [17]3 years ago

7 0

Answer:

In free market system the prices of goods and services are decided by the market and the consumers, law of demand and supply is not interfered by the government. It is different from the regulated market as in the regulated market the government can intervene in demand and supply by creating barriers. The forces of supply fix the price of goods and services in the free market economy. Competition is the main driving force of free market economy.

blsea [12.9K]3 years ago

6 0

Free markets are viewed as a system in which the prices of goods are determined by consumers

You might be interested in

Does Denis Diderot think that only the president should have the power to declare war? answer please. WIll give brainliest and 5

leva [86]

Answer:

yes he does, becuase he thinks its unessicary

Explanation:

7 0

3 years ago

A multinational corporation operates in __________.

Mekhanik [1.2K]

Answer:

the answer is D hope this helps

Explanation:

5 0

3 years ago

Read 2 more answers

In accordance with Maslow's way of thinking, if Erin secured a good-paying job that paid her enough to live in a decent apartmen

pishuonlain [190]

Answer: The correct answer is: Focus on her next level of needs.

Explanation: According to Maslow's theory of the hierarchy of needs, human beings have their needs organized in a pyramid.

The needs that are at the bottom of the pyramid must be satisfied for the individual to start satisfying the needs that are higher up. The need for security is lower in the hierarchy than the social needs.

In this particular case<u>, Erin already satisfied her needs of security because she already secured a good-paying job, a decent apartment, and an economical car, she also feels safe in her home, therefore, she now can move on to attend the needs that follow up in the hierarchy, which are social needs.</u>

<u />

5 0

3 years ago

Abdulkadir had a very strange thing happen to him last night. He was sound asleep in bed, and he was dreaming that he was at a p

Olenka [21]

Answer:

- Lucid dreaming

Explanation:

The conscious sensation that makes Abdulkadir realize he is dreaming can be explained by the Lucid dreaming principle.
Lucid dreaming is the instance where, one dreams with them being aware that they are actually dreaming.
In the Lucid dreams, an individual can control phenomenon, however, not all lucid dreams have the dreamer controlling phenomena.

4 0

3 years ago

What were the effects of Spanish exploration and colonization? Check all that apply. Millions of American Indians died from Euro

SpyIntel [72]

Christianity was spread in the Americas (along with Catholicism)

Millions of American Indians died of European diseases

Spain built a wealthy empire

New goods were exchanged between Europe, Americas and Africa

5 0

3 years ago

Read 2 more answers