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that is a very loaded question that has so many aspects. basically though darwinism would dictate that the strong survive and the weak perish.
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∙ 13y ago
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Why does poverty exist in a free market economy?
Poverty exists in a free market economy because people can choose how to make their money.
Why must private ownership of property be guaranteed before a free market economy will work?
Private ownership of property is essential to a free market economy. Without private ownership of property a free market economy cannot exist.
What is pure free market economy?
A pure market economy is a perfect scenario in which both producers and consumers are at liberty to make economic decisions that suit them. This type of economy is only known to exist in theory.
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
Why does poverty exist in a free market economy?
Poverty exists in a free market economy because people can choose how to make their money.
Why does poverty exist in a free market?
Poverty exists in a free market economy because people can choose how to make their money.
Why must private ownership of property be guaranteed before a free market economy will work?
Private ownership of property is essential to a free market economy. Without private ownership of property a free market economy cannot exist.
What is canadas economy based on?
A free market economy
What is pure free market economy?
A pure market economy is a perfect scenario in which both producers and consumers are at liberty to make economic decisions that suit them. This type of economy is only known to exist in theory.
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.
