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police force or army
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How is security handled in the free market?
police force or army
How does the police force handle the free market system?
The police force does not handle the free market system. It is handled by economic forces.
Describe how security is handled in the free-market system Give an example to support your answer?
The Founders were wise when they considered the lessons of history, one of which being the relationship of government and military.
Describe how security is handled in the free market system. give an example to support your answer?
The Founders were wise when they considered the lessons of history, one of which being the relationship of government and military.
Describe how security is handled in the free-market system. Give an example to support your answer.?
The Founders were wise when they considered the lessons of history, one of which being the relationship of government and military.
How is the Security in free market system?
police force or army
How does the free-market system enhance or undermine security?
The free-market system can enhance security by fostering economic growth, which often leads to increased funding for public safety and security services. It encourages innovation and competition, resulting in better technologies for crime prevention and emergency response. However, it can also undermine security if profit motives lead to neglect in essential services or if economic disparities create social unrest and crime. Ultimately, the balance between market forces and regulatory frameworks is crucial for ensuring security in a free-market system.
Who makes decisions in a free market system?
In a free market system
Describe how security is handled in the free-market system?
I assume that you are talking about security in the sense of police or national defense. In a pure free market system, you would have no overall police force or army. These things (this kind of security) are called "public goods" because they are things that everyone gets use from. In other words, the army can't protect me without protecting my next-door neighbor. For that reason, there's no way an army could be profitable and so no private company would produce an army (it couldn't tell my neighbor "we'll stop protecting you from the Russians if you don't pay your army bill"). Public goods will only be produced if the government produces them. So security (except for things like private security guards) will not exist in a pure free market economy.
How is the security is handled the the free market system?
I assume that you are talking about security in the sense of police or national defense. In a pure free market system, you would have no overall police force or army. These things (this kind of security) are called "public goods" because they are things that everyone gets use from. In other words, the army can't protect me without protecting my next-door neighbor. For that reason, there's no way an army could be profitable and so no private company would produce an army (it couldn't tell my neighbor "we'll stop protecting you from the Russians if you don't pay your army bill"). Public goods will only be produced if the government produces them. So security (except for things like private security guards) will not exist in a pure free market economy.
How Describe how security is handled in the free-market system.?
I assume that you are talking about security in the sense of police or national defense. In a pure free market system, you would have no overall police force or army. These things (this kind of security) are called "public goods" because they are things that everyone gets use from. In other words, the army can't protect me without protecting my next-door neighbor. For that reason, there's no way an army could be profitable and so no private company would produce an army (it couldn't tell my neighbor "we'll stop protecting you from the Russians if you don't pay your army bill"). Public goods will only be produced if the government produces them. So security (except for things like private security guards) will not exist in a pure free market economy.
Which of the following is another term for a free-market system?
CapitalismcapitalismAnother name for free market system would be called second market. This is a non- profit market.
