kyauna87 kyauna87
  • 26-07-2020
  • Geography
contestada

whats one of the negative features of a free market econmy

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needhelphelp needhelphelp
  • 26-07-2020

Answer:

The Development of Monopolies

Explanation: In a completely free market, there exists no regulation limiting the development of monopolies. The rise of a monopoly drastically decreases market competition and causes the price of goods to no longer accurately reflect supply and demand.

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NYCPAR NYCPAR
  • 27-07-2020
No minimum wage

In a true free market there government is not involved with regulations so workers don’t have the protection of a guaranteed minimum wage.
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