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What are example of needs that are not easily met by free market?
Wiki User
∙ 11y ago
Example markets do not provide answers for some of societys needs such as the need for defense, education, and fast transportation routes.
Wiki User
∙ 11y ago
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What satisfies peoples needs in the US economic system?
Free market .
Why does even a free market economy need some government intervention?
Even a free market economy needs government intervention to provide for things that the marketplace does not address.
Why does even a free enterprise market economy need some government intervention?
Even a free market economy needs government intervention to provide for things that the marketplace does not address.
How can specialization benefit both buyers and sellers in a free market economy?
In a free market economy, specialization benefits buyers by meeting individual needs. Specialization benefit sellers by creating a sector that is not profitable for big business.
What is the opposite of free market?
A free market economy
Is USA an example of a free market system?
yes it is
What satisfies peoples needs in the US economic system?
Free market .
How did the growth of cities and towns in the colonies lead to the development of an free-market econonmy?
Meeting needs through trade allowed free-market economies to develop in these towns.
Why does even a free market economy need some government intervention?
Even a free market economy needs government intervention to provide for things that the marketplace does not address.
What happen now in free market economy?
The market where their is no entry or exit bariers one country easily transact with other countries without tariffs and trade.
Why is a free market a type of market failure?
In a free market, there is profit to be made by making the free market not a free market. Therefore, a completely free market destroys itself.
Give 2 recent example of market penetration?
dominos buy one get 2 free
Why does even a free enterprise market economy need some government intervention?
Even a free market economy needs government intervention to provide for things that the marketplace does not address.
Why the free market system brings efficiency as freedom?
According to economists, the free market system brings efficiency because customers are free to buy from whatever company they want to buy from. That's also an example of freedom of choice.
How can specialization benefit both buyers and sellers in a free market economy?
In a free market economy, specialization benefits buyers by meeting individual needs. Specialization benefit sellers by creating a sector that is not profitable for big business.
What is the opposite of free market?
A free market economy
Explain why the free market system brings efficiency as well as freedom?
According to economists, the free market system brings efficiency because customers are free to buy from whatever company they want to buy from. That's also an example of freedom of choice.
