The Free Economy In The US
The US mostly has a free market but it is sometimes a mixed economy. Compared to other countries it’s more towards a free market and less towards a mixed economy. The free market economy is where goods and services can be traded freely by an agreement between vendors and consumers and the government or any other authority does not have any other intervention to impact either the demand or supply situation in that economy. The decisions in a free economy are influenced by competition, supply & demand. People can pretty much do whatever they want and be a free person, they can do any job, invent/create whatever they want etc. A market economy is driven mostly by what consumers want, this means that it’s not driven by what they need. On the whole,