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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.

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Q: Why free market economies stimulate greater economic growth?
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Why economic growth is desirable for modern open economies?

Why economic growth is desirable for modern open economies


Why market economies stimulate greater economic growth whereas state-directed economies stifle growth?

I think that because market economy is and economic system in which the interaction of supply and demand determines the quantity in which goods and services are produced, whereas state-directed economy refers to an economy in which the state plays a proactive role in influencing the direction and magnitude of private-sector investments.


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