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The New Deal was a series of domestic programs enacted in The United States in order to fight the Great Depression. It is often considered as an example of successful reform of the capitalistic system, although the recovery of American economy was pretty slow. It actually completely recovered during the war due to massive production of weapons. a. The relief was indeed one of the goals of the first part of the New Deal, and it was successful, since many unemployed persons were put to work on a wide range of government financed public works projects. b. The reform was based on the idea that the government intervention was <span>necessary to rationalize and stabilize the economy. But, these interventions worsened the Depression. d. Today, there is still the Social Security Act, which was invented within the New Deal. There is also the Tennessee Valley Authority, which was formed to modernize very poor regions, such as Tennessee.</span>
Answer:
Consumers and producers in a free market economy are "free" to produce and consume what ever they want, and demand for products dictates production--whereas in a command economy, producers are told how much to produce by the government.
Explanation:
In a free market economy is where the individuals who are the producers, make their own decisions on what products to produce and sell.In this type of market, the government does not intervene. The advantage of this system is that producers have full control to produce products of their choice and they are more multivated to work and produce goods to earn money.This also boosts the economy growth by allowing the total control to the producers who produce goods according to the demand of the market.
