It's unequal; some people do well while others do not
A basic feature of the free market system is that consumers make their own economic choices
No one is really in charge, so it's insecure and uncertain.
Economic development is unpredictable and goes up and down.Economic development is unpredictable and goes up and down.
In a free market system
It's unequal; some people do well while others do not.
The main feature of a free market is the voluntary exchange of goods and services between buyers and sellers, driven by supply and demand. Prices are determined by market forces rather than government intervention, allowing for competition and innovation. This system encourages efficiency and consumer choice, as businesses must adapt to meet the needs and preferences of consumers. Overall, a free market promotes economic freedom and individual entrepreneurship.
CapitalismcapitalismAnother name for free market system would be called second market. This is a non- profit market.
free market
the basic coordinating mechanism in a free market system is Price.
Now is a free market system.
The laws of supply and demand are the most important factors in a free-market system.
No The market is not free