In this type of economy, entitlement programs like Social Security or public assistance to low-income families are seen as a drain on profits and outside of competitive self-interest.

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In a market economy, the decisions about production and consumption are made by individuals and businesses operating in a competitive market, with little government intervention. In this type of economy, entitlement programs may be seen as interfering with the free market and reducing profits for businesses, as they require taxes to fund social welfare programs.

In This Type of Economy, Entitlement Programs Like Social Security