Please enable JavaScript.
Coggle requires JavaScript to display documents.
Free market economy (Advantages (Allocatively efficient (Nor surpluses or…
Free market economy
-
Disadvantages
-
-
-
-
-
No government intervention to regulate unwelcome behaviors in markets, e.g. banking
-
-
A free market economy is based on supply and demand where prices set freely between seller and consumer, without intervention from the government.
-
-