Question:
Why are free market economies able to attain economic growth?
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Capitalism is the economic system that guides most nations today. It relies on free markets, adhering to the principles of supply and demand in order to create and sell products. Free markets are the opposite of command economies, in which the government completely controls production.
Answer and Explanation:
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Free market economic systemFree market economies result in economic growth because the primary motivation in these economies is profit. Profits are what is left over after...
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