By free Market we means _________
By free Market we means _________
The correct option is C Least or no government intervention
In a free
market economy, the law of supply
and demand, rather than a central government, regulates production and labor.
Companies sell goods and services at the highest price consumers are willing to
pay while workers earn the highest wages companies are willing to pay for their
services. The United States is considered the world's premier free-market economy. Its
economic output is greater than any other country that has a free
market. 1 The free market depends on
capitalism to thrive. The law of demand and supply sets prices and distributes
goods and services. The term “free market” is sometimes used as a synonym for laissez-faire capitalism. When most people
discuss the “free market,” they mean an economy with unobstructed competition and
only private transactions between buyers and sellers option ‘b’ is correct
answer.
In a free market economy, the law of supply and demand, rather than a central government, regulates production and labor. Companies sell goods and services at the highest price consumers are willing to pay while workers earn the highest wages companies are willing to pay for their services. The United States is considered the world's premier free-market economy. Its economic output is greater than any other country that has a free market. 1 The free market depends on capitalism to thrive. The law of demand and supply sets prices and distributes goods and services. The term “free market” is sometimes used as a synonym for laissez-faire capitalism. When most people discuss the “free market,” they mean an economy with unobstructed competition and only private transactions between buyers and sellers option ‘b’ is correct answer.
