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advantages and disadvantages of market economy
free-market economy
really don't understand
Excess demand in an unregulated market will cause the price of a product to fall. True or False?
A free market economy is an economy in which all markets within it are unregulated by any parties other than those in the market. It limits the government's intervention. If it was completely free than the government would have less intervention and would make the economy much more sensitive and vulnerable.
advantages and disadvantages of market economy
No, but the possibility is definitely there.
free-market economy
really don't understand
Excess demand in an unregulated market will cause the price of a product to fall. True or False?
A free market economy is an economy in which all markets within it are unregulated by any parties other than those in the market. It limits the government's intervention. If it was completely free than the government would have less intervention and would make the economy much more sensitive and vulnerable.
The market economy has many advantages, but it also has its share of disadvantages. Two of the main disadvantages are that this type of economy can be very unstable and it tends to cause a large gap in the distribution of income.
Free Market is characterized by the unregulated exchange of goods and services.
The market economy has many advantages, but it also has its share of disadvantages. Two of the main disadvantages are that this type of economy can be very unstable and it tends to cause a large gap in the distribution of income.
Except USA,Europe&japan
the advantages of the USA economy is that it is mixed and that means it has more than one economy so that's what makes it very special and that's one or two of the advantages ha i lost count.
It lead the macroeconomic and the microeonomy coordinated develop. Make the market growth in smooth.