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Katarina [22]
3 years ago
5

How is financial security is Handle in free market system?

Law
1 answer:
klio [65]3 years ago
7 0

Answer:

The free market can provide as much security as a statist system. ... There's no security at all when there is no economic progress and little wealth for anyone. Enemies of the free market argue that life without the welfare state would be radically insecure, an endless cycle of booms and busts.

Explanation:

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The exam has been designed to favor only the rich, as the poor finds it very difficult to pay the fees involved. The law school is very costly, as the books and course handout are always costly. The exam is too costly that you need a loan that should not be less that $140,000 to complete your studies, leading to big liability to pay off, when you have started practicing. Even when you have passed the exams, you are still meant to pay for your license.

The government should try and subsidize the amount of money been paid for Bar exam, as this will help to increase the boundaries of licensing outstanding layers, thereby creating an equal opportunity chance for the rich and the poor to practice law.

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