answersLogoWhite

0

A popular model is the free market, where the market has no government intervention or regulation.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

What are the criteria in choosing the best economic system model?

abudance


What type of economic system answers the basic economic questions in the circular model?

Free Enterprise


Is cigarette market a perfectly competitive market?

There is no such thing as a perfectly competitive market. It is merely a economic model to compare other market structures to. Cigarette market is more likely a oligopoly.


Which innovation did the US bring to the world's economic system?

the corporate model of ownership


What is the role for consumers and producers in a free market system?

A circular flow model


How various marketing activities influence the flow of goods and services?

The circular flow of economic activity is a model showing the basic economic relationships within a market economy.


Does the global economic crisis signal that the American model of free market capitalism is fundamentally flawed?

I think no if im not mistaken


What conclusions can be drawn regarding China's changing economic system?

China's changing economic system reflects a shift from a purely state-controlled model to a more market-oriented approach, integrating elements of capitalism while maintaining significant government oversight. This hybrid model has facilitated rapid growth and innovation, contributing to China's emergence as a global economic powerhouse. However, increasing state intervention and regulatory crackdowns also indicate a desire to manage risks and control various sectors, suggesting a complex balance between market forces and state control. Overall, China's economic evolution embodies a pragmatic adaptation to both domestic challenges and international pressures.


Is Brazil a market or a command economy?

No. Brazil is placed in 150nd in Economic Freedom Index, it's one most closed, regulated and taxes economies of the world. Although Brazil is capitalist, it's a hardcore corporativist and keynesian capitalist model


The circular flow model of pure capitalism shows how a economic system answers the basic economic questions?

Free Enterprise A+


Can you reset the keyless entry on the driver's door?

Yes, but the specifics depend on the make and model of the car, or the make and model of the after-market keyless entry system.


Why is the market economy called a participatory economy?

Because it's based on the economic model where participation is necessary for it to work. IE: If you don't participate, there is no economy.