Ask Question
6 March, 09:54

Why is the term free market often a misnomer

+2
Answers (1)
  1. 6 March, 10:19
    0
    "Free market", if understood literately, would be a market without any intervention from the government, where all the goods produced and their prices are decided by supply and demand.

    However, in practice a fully free market doesn't exist - the governments usually control at least some parts of the marker, for example by prohibiting dangerous objects.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Why is the term free market often a misnomer ...” in 📗 English if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers