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Investment.
Investment expands the production ability of an economy, thus more goods and services are produced and sold which in turn brings more income.
Going further.....part of that income is saved and the savings are used as investments.
the second thing to be done is reducing taxes and intrest rates so that more money is avalable at lesser intrest thus making production cheaper and industries more profitable.
Lastly--- The intent of the above is to decrease costs of purchasing goods and services.
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Why free market economies stimulate greater economic growth?
Free market economies stimulate greater economic growth in various ways. Such a market is able to integrated the demand and supply which makes the economy interactive and more productive.
What are the merits and demerits of free market economy?
what are the merits and demerits of free market economy
What is the opposite of free market?
A free market economy
What are the components of 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.
Is Egypt a market economy?
Egypt is a free market economy.
Why free market economies stimulate greater economic growth?
Free market economies stimulate greater economic growth in various ways. Such a market is able to integrated the demand and supply which makes the economy interactive and more productive.
What is canadas economy based on?
A free market economy
What are the merits and demerits of free market economy?
what are the merits and demerits of free market economy
What is the opposite of free market?
A free market economy
Is Egypt a market economy?
Egypt is a free market economy.
Does Singapore have a command or free market economy?
A market economy
What are the components of 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.
What kind of economy does Hong Kong have?
a free economy with few goverment regulations
Does Germany have a free market economy?
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.
What type of economy does Panama have?
Panama's economic system is a free-market economy.
Does Germany have a command economy or free market economy?
Neither: it is capitalist with state interference.
Is Australia a market or command economy?
Australia has a free market economy.
