- NEW!
by St. Thomas on January 17th, 2009
Advantages: Best product at the lowest price wins. IE; the xbox 360 is just good enough, It may not compete with the ps3 but it is priced better so it has sold more units.
Products get cheaper as the ability to manufacture gets easier.
Disadvantages: As the government meddles and attempts to control the economy, it causes economic strife.
A countries interests aren't taken care of, in a free market you vote with your dollars. If there is a russian speaking client base, you learn to speak russian.
Doesn't work well for services such as health care. Why would a doctor fix you properly, if she could treat you just well enough and keep you coming back.
corruption.
by sardo on September 25th, 2009
this aint sound too good
by dsafad on February 13th, 2009
wow, your so dumb that you dont know the disadvantage?
by Adanew on January 13th, 2009
hello
by Anonymous on January 7th, 2009
what is market economy?
by sofaiaaa on June 4th, 2008
helloooooooooooooooooooooooooooooooooo
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