what are the merits and demerits of free market economy
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.
Egypt is a free market economy.
A 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.
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.
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 .
A free market economy
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
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.
Egypt is a free market economy.
A market economy
a free economy with few goverment regulations
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.
Panama's economic system is a free-market economy.
Neither: it is capitalist with state interference.