Describe at least one benefit and hindrance to free economy


Problem

i. Define Free Market (Free Economy).

ii. Describe at least one benefit and hindrance to a free economy and discuss what you see are the traits of an absolute free economy (Laissez-faire).

iii. Do you feel that internal (domestic) or external (international) pressures block an economy from functioning as a free economy? Explain your position.

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Marketing Management: Describe at least one benefit and hindrance to free economy
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