Business, 25.08.2019 12:20 harpermags7830

In 2-3 sentences, describe three aspects of a free market economy.

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Answer from: Lexi5170

The three primary aspects of a free market could include private ownership of everything for sale, free-floating forces of supply and demand, and a man secretly in charge of everything. A free market economy is a type of economic system whereby supply and demand, with a minimum of involvement on the part of a government drive the forward movement of the economy.

Answer from: baileybryant580

The three aspects of a free market economy are competition, supply, and Demand.

competition exists once there are several customers shopping for a homogenous product from varied little businesses. In a market characterized by competition, worth is set through the mechanisms of supply and demand. Costs are influenced each by the provision of product from sellers and by the demand for a product by consumers.

Answer from: Quest

you can lose ranking 2 ways.

1) you don't have enough points due to you expending them by asking questions/your answers are deleted.

2) your brainliest's expired. this means that brainliests, once they exceed the 30 day limit, expires. this is to ensure that you continue to contribute into the community at a constant rank if you want to continue to have/exceed the rank you have right now.

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look at the "brainliest answers in the last 30 days". this is the one that will affect your rank other than your points. again, once your brainliest expires (was earned 31+ days ago), it will not be counted.

Answer from: Quest

The answer is passage 1.

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In 2-3 sentences, describe three aspects of a free market economy....

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