1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nonamiya [84]
3 years ago
6

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
What was an important result of the Union victory at Vicksburg?   A. The Union now controlled the Mississippi River.   B. The So
astraxan [27]
The important result of the Union victory at Vicksburg was that the Union now controlled the Mississippi River. The correct option among all the options given in the question is option "A". This also helped the Union to cut off most of the Western States from the hands of the Confederate army. Also the Union had the control over the food supplies and this made the Confederate army surrender quickly.
6 0
3 years ago
Why Dr.Seuss know for making mockery of people from other races
Mice21 [21]
..........Wym how...........✨
5 0
3 years ago
Read 2 more answers
What 2 countries did the first ever joint mission in 1975?
Serjik [45]

Answer:

US and Soviet Union

Explanation:

3 0
3 years ago
12
svetoff [14.1K]

is the legislative branch


6 0
3 years ago
Help me with my essay due tomorrow
Mazyrski [523]
Here's a better idea. PLAN AHEAD, CHILD. I've been in your place. It's rough, but work on it every chance you have before hand! It doesn't pay off to be lazy.
7 0
4 years ago
Other questions:
  • Sexual assault and sexual harassment crimes are often misunderstood to be motivated by
    13·1 answer
  • Copyright protections apply even if a work has not been registered. <br> a. True <br> b. False
    7·2 answers
  • "For many Americans, the daily ritual of having a coffee is almost automatic and assumed. The same can be said for the Chinese b
    9·1 answer
  • How does "cost" differ from "opportunity cost"?
    13·1 answer
  • Whose qualified medical expenses can carl include for hsa purposes?
    9·2 answers
  • 4. The acquisition of mental information by observing events, by watching others, or through
    13·1 answer
  • Marcus is preparing to deliver a toast to his immediate family at Thanksgiving dinner. In this situation, which distance zone is
    15·1 answer
  • Help!! No Links!!
    10·1 answer
  • Why did Peter go to a therapist when he was seven years old?
    15·1 answer
  • Whats the maximum time someone can serve as president.
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!