answersLogoWhite

0


Best Answer

what are the merits and demerits of free market economy

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the merits and demerits of free market economy?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the merits and demerits of democracy?

Merits of democracy include promoting citizen participation, protecting individual rights, and fostering political stability. However, some demerits include potential for populism, slow decision-making processes, and susceptibility to corruption.


What are the merits and demerits of nucler reactor?

Merits of Nuclear Reactor are 1 Pollution Free 2 Environment friendly Demerits End products from Reactors need to be preserved safely and Preservation of Reactors cost much .


What is canadas economy based on?

A free market economy


What are the merits and demerits of Leveraged Lease?

The merits are free money if you can skip town. The demerits are only if you hang around long enough to watch your children pay off a crumbling old strip mall that is not even used anymore. Better to spend it at a strip club


What is the opposite of free market?

A free market economy


What are the components of a free market economy?

A free market economy is a market based one. The prices of goods and services are determined independently in a free market.


Is Egypt a market economy?

Egypt is a free market economy.


Does Singapore have a command or free market economy?

A market economy


What kind of economy does Hong Kong have?

a free economy with few goverment regulations


Does Germany have a free market economy?

Germany has a free market economy to a great extent. The country has a social market which operates on the principles of a free market economy.


What type of economy does Panama have?

Panama's economic system is a free-market economy.


Does Germany have a command economy or free market economy?

Neither: it is capitalist with state interference.