Sign In
Ask Question
Hillary
History
29 August, 22:16
How does the free market operate
+1
Answers (
1
)
Caiden Zamora
29 August, 22:38
0
The free market is a system where the prices for goods and services are determined by the open market and consumers. Any individual in a free market can create any product/service and sell it for profit. They are not required to produce what the government wants them to produce.
For example, if the government wants a producer to produce paper, they are not required to do so. They can make what they want, when they want to.
Additionally, they have to abide by the law of supply and demand.
Comment
Complaint
Link
Know the Answer?
Answer
Not Sure About the Answer?
Find an answer to your question 👍
“How does the free market operate ...”
in 📗 History 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
You Might be Interested in
How did Andrew Jackson benefit from the expansion of democracy?
Answers (1)
How did the compromise of 1850 try to end the debate over slavery in new territories once and for all? select the best answer from the choices provided. it banned slavery from expanding west of the louisiana purchase.
Answers (1)
Why did the United States go to war against Spain? Do you think the United States was looking for a reason to go to war?
Answers (1)
The Federal Pure Food and Drug Act of 1906 was concerned with a. establishing guidelines for dispensing controlled substances. b. establishing guidelines for drug labeling and interstate transport of certain foods and drugs. c.
Answers (1)
Given what you know about that time period, how do you think the Catholic Church ruled in Galileos case? Why?
Answers (1)
New Questions in History
What economic policy of great Britain contributed to the rebellion of the colonists against British politics
Answers (1)
What is nationalism socialism?
Answers (2)
Why were shantytowns also called hoovervilles?
Answers (1)
William the conqueror took control of England in the year 1066. This was in which century
Answers (2)
What can be inferred about Sweden and its population growth based on this graph? Check all that apply. The population change is near or at replacement level. Deaths greatly exceed births. Births greatly exceed deaths.
Answers (2)
Home
»
History
» How does the free market operate
Sign In
Sign Up
Forgot Password?