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What is a supporter of free-market economics called?
A supporter of free-market economics is called a capitalist.
Laissez-faire economics opposes government intervention in?
The free market.
What are the different views in economics?
Socialist or free market. All else is a twist on this. capitalism mixed market
Describe two benefits you enjoy because of the free-market system?
One of the benefits of a free market system is that you can shop for the best deal since pricing is not set. Another benefit is that anyone can enter the market.
Which economist was most opposed to free-market economics?
John Maynard Keynes
What is a supporter of free-market economics called?
A supporter of free-market economics is called a capitalist.
What percentage of economists in the USA are Keynesian versus Free Market?
Keynesian economics is free market
A capitalist country has economics system?
free market
What kind of economics systems does a capitalist country have?
Free-market
Laissez-faire economics opposes government intervention in?
The free market.
What are the different views in economics?
Socialist or free market. All else is a twist on this. capitalism mixed market
Describe two benefits you enjoy because of the free-market system?
One of the benefits of a free market system is that you can shop for the best deal since pricing is not set. Another benefit is that anyone can enter the market.
Which economist was most opposed to free-market economics?
John Maynard Keynes
What terms is most closely associated with free-market economics?
Laissez-faire
Who makes the economics decisions in a free market system?
they make there money byvsdfajhcgfGDHSADG
What is the Economic concept necessitating choices and priorities in any society?
Free market economics are based on minimal state intervention into commerce and innovation. Free market economics allow for choice and the market itself setting priorities of supply responding to consumer demand.
Describe two benefits you enjoy because of the free market system be sure to state why the free market system brings each of these benefits?
My job and my car are two examples of the benefits of a free market system. Free market means I choose. I chose a career path based on my likes and dislikes and looked for a job that best reflected my interests. I like economics, therfore I did not become a cook. I chose my car from various dealers. No one forced me to accept a car I did not like. The problem is when a free market becomes a monopoly. In a monopoly you have no choice and have to accept whatever they offer at the prices the supplier stipulates.
