Question

describe two benefits you enjoy because of a free-market system.

Answer 1

Answer:

Benefit: One benefit is that the producers get to decide on their own what to produce. They get to use their own ideas without the government interfering. This not only produces better products, but also creates an environment for competition among businesses.

Answer 2

It contributes to political and civil freedom, in theory, since everybody has the right to choose what to produce or consumer.

It contributes to economic growth and transparency.

It ensures competitive markets.