How do free market systems versus government intervention


Problem

There is growing concern about poverty and income inequality. These two concepts, however, are not the same. Income inequality deals with the percentage of income earned by the different income groups, while poverty is concerned with how difficult it is for the poor to meet basic needs. Using deontological and consequential approaches to ethics, how well do free market systems versus government intervention in markets address poverty and income inequality? How can people in a free market economy, acting in their own self-interest, better those around them?

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Microeconomics: How do free market systems versus government intervention
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