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When a State planned economy transitions toward a free market economy they engage in privatization of resources. For privatization to be successful what must the State also do?
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.
When a State planned economy transitions toward a free market economy they engage in privatization of resources. For privatization to be successful what must the State also do?
A free market economy
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
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.
Australia has a free market economy.