Question

Describe how financial security is handled in the free-market system. Give an example to support your answer.

Answer 1

Explanation:

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Answer 2

Protection is strengthened by the free enterprise method.

Explanation:

• A free market economy is one where the price of goods is controlled by the private sector and are set by the forces of supply and demand.
• In an open market, the political society is typically based on freedom and liberty with as few rules and regulations enacted as needed.
• Free market protection typically means working for an compensation program with corporate enforcement companies and third-party monitoring organizations to deter violence.

• Protection is managed by contracted independent vendors under the free market framework. A security guard at a bank will be one example.

Learn more about financial markets:

Distinguish between Indian Financial Market and Global Financial Market.

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