English, 13.08.2021 19:30 johnnyaby69
In a free-market economy, the free choices of producers determine allocation, production, and distribution,
while paying attention to what consumers need and want and how much they are willing to pay for goods
and services. Influences and inputs (land, labor, capital) move back and forth between producers and
consumers, in what the economists call a "circular flow" model.
In your opinion, is the free-market fair to everybody? Is it fair to you? Give one concrete example showing
how the system is fair to you. Note: you have to use a personal example, something you know and
experienced, not a generalization or something that comes from a textbook.
Answers: 1
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