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Competition
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Self-interest is the motivating force driving the free market what is the regulating force?
competition
What role does self-interest playin a free market economy?
It is the motivating force in the free market
Main force behind the decisions made by producers in a free-market society?
the profit motive(:
Which of the following is the main force behind the decisions made by producers in a free markey system?
The profit motive(apex)
Is America free market?
Yes, the US has free markets.
Self-interest is the motivating force driving the free market what is the regulating force?
competition
What role does self-interest playin a free market economy?
It is the motivating force in the free market
According to what philosophy humans are free to follow self interest as a basic motivating force?
no
What is the greek philosiphy of humans are free to follow self-interest as a basic motivating force?
Individualism
What are free markets?
Free Markets are marketplaces that name their own price
Main force behind the decisions made by producers in a free-market society?
the profit motive(:
Which of the following is the main force behind the decisions made by producers in a free markey system?
The profit motive(apex)
Is America free market?
Yes, the US has free markets.
What are the key ideals behind Libertarianism?
The key ideals behind libertarianism are individual liberty, limited government intervention, and free markets. Libertarians believe in maximizing personal freedom and minimizing the role of the state in people's lives and in the economy. They value individual autonomy and emphasize voluntary exchange and property rights as the foundation for a prosperous society.
Economic system based on free markets and private property?
No system has ever been based on truly free markets.
What are the two payments in the free market circular flow model?
Resource markets and product markets are the two payments int he free market circular flow model. Both of these markets are for businesses and households.
What are some examples of free markets?
A local farmers' market, a flea market, stock markets
