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Explain the disadvantages of a Free market economy

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2009-07-09 23:28:36
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Related questions

What are the disadvantages of a free-market system?

A free market economy has its advantages as well as disadvantages. Some disadvantages are that a competitive environment creates an atmosphere of survival of the fittest. Wealth is not distributed equally, and there is no economic stability.


Is Haiti a free market economy or a command economy?

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What is canadas economy based on?

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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.


Is India a free market economy?

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What are the disadvantages of free marketing system?

A free market economy has its advantages as well as disadvantages. Some disadvantages are that a competitive environment creates an atmosphere of survival of the fittest. Wealth is not distributed equally, and there is no economic stability.


Is a free market economy the same as a market economy?

No. A market economy is any economy in which value and trade is based on supply and demand. Free market is a market economy with out direct control by a government or agency.


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what are the merits and demerits of free market economy


Which of these is a characteristic of a free market economy?

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