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laws against theft fraud, and coersion

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Amalia Crooks

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4y ago

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Related Questions

What government actions are necessary to guarantee the conditions required for a free market system?

Laws against theft, fraud, and coercion are necessary to guarantee the conditions required for a free market system.


What is the following government actions is necessary to guarantee the conditions required for a free-market system?

Laws against theft, fraud, and coercion are necessary to guarantee the conditions required for a free market system.


Who makes decisions in a free market system?

In a free market system


Why does the free market system required government regulations?

Producers are driven by the profit motive to work against competition.


Which of the following is another term for a free-market system?

CapitalismcapitalismAnother name for free market system would be called second market. This is a non- profit market.


What is the following government actions is necessary to guarantee the conditions required for a free market system?

Laws against theft, fraud, and coercion


What kind of econmoic system does capitaslist country have?

free market


What is the basic coordinating mechanism is a free market system?

the basic coordinating mechanism in a free market system is Price.


What economic system does Romania have?

Now is a free market system.


Which of these is most important in a free-market system?

The laws of supply and demand are the most important factors in a free-market system.


Will consumerism drive down prices as the free market system indicates?

No The market is not free


What is the origin of a free market system?

The free market system is most closely associated with Economist, Adam Smith. Within a free market system, sellers are free to set prices and compete via the consent of consumers. There is little to no intervention from the government, and sellers are free to operate within market of supply and demand.