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Q: What is the difference between free markets and government planning?
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What is the difference between the institutional and government market?

insitutional markets consists of churches,hospitals,schools that provide goods and services for people. government markets major buyer in business markets. calling for bids.


What is the difference between a labor market and a factory market?

The primary difference between product markets and factor markets is that factors of production like labor and capital are part of factor markets and product markets are markets for goods.


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Regulated markets are controlled by a regulatory force, such as a government, or crime organization through taxes, tariffs, laws, and rackets. Unregulated markets are not controlled or governed.


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Market activity differs from government activity because?

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