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Fed [463]
3 years ago
5

What does the term "free market" mean? Do you think this is a good system? Can you think of areas of society where this system w

ould be detrimental? Why? *
History
1 answer:
Doss [256]3 years ago
6 0

Answer:

The advantages of a market economy include increased efficiency, productivity, and innovation. In a truly free market, all resources are owned by individuals, and the decisions about how to allocate such resources are made by those individuals rather than governing bodies

Explanation:

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n 1908, the Japanese and American governments arrived at what became known as the "Gentlemen's Agreement"; Japan agreed to limit emigration to the U.S., while the U.S. granted admission to the wives, children, and other relatives of immigrants already resident.

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