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A free market economy
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∙ 14y ago
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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 France's economy free market or command?
free market
Who makes decisions in a free market system?
In a free market system
What is The opposite of a subsistence economy?
market economy
What is The opposite market structure of a monopoly is?
Oligopoly
What is the opposite of free enterprise?
The opposite of free enterprise as "capitalism" would be socialism or communism, where market forces are controlled. The exact opposite would be a completely controlled market, for which there is no single word beyond monopoly (control of supply).
What is the opposite of welfare state?
capitalist state/free-market state/ neo-liberal state - choose whichever you want
What is the opposite of commercial market?
Industrial market
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.
What is the definition of 'bull market' in investing?
The "bull market" is generally defined as a market that is going up. It's opposite, a "bear market", is defined as a market that is going in the opposite direction, i.e. down.
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 France's economy free market or command?
free market
What is canadas economy based on?
A free market economy
Is the Dominican Republic a Free Market?
Dominican Republic is a Free Market
Who makes decisions in a free market system?
In a free market system
What is the opposite of command economy?
market economy
What is The opposite of a subsistence economy?
market economy
