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

Question

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] · Answer 1 · 2022-10-21T15:44:06+03:00

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: