In free markets,the lack of government control and regulation means that businesses find it easy to take advantage of customers by offering poor quality products at high prices.
Correct Answer:
Verified
Q45: A surplus currently exists in the market
Q46: Monica notices that just a few big
Q57: Economists refer to a market in which
Q66: Workers in socialist countries often get longer
Q75: One drawback of socialism is that it
Q79: The major benefit of socialism is that
Q96: Legislation has ended the monopoly status of
Q114: In socialist economies,the government owns some,if not
Q136: A strength of a free-market economic system
Q167: The greed of businesspeople represents the greatest
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents