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14 February, 09:54

In a free market society, businesses ask the government to make laws and policies regulating the economy. T/F

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  1. 14 February, 10:18
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    No, this is false, or at least it should be false.

    In a free market society, the economic activities should be regulated by the demand and supply relationship: the demand for certain goods and services and their supply.

    However, in practice the businesses do ask the government for laws favorable for them: they do this in the form of lobbying.
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