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28 April, 10:13

The free market system cannot exist without government regulation for what reason

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  1. 28 April, 10:29
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    The free market need the government because The profit motive undermines competition unless competition is protected.

    For example, if government is not exist, rather than having to pay extra expense to take care of manufaacturing waste, companies could opt to simply dump them to nearby water source instead, no matter how dangerous it is.
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