Business Studies, asked by saviovarghese3083, 1 year ago

which countries are involved in free economy and why

Answers

Answered by saic2160
0

Answer:

In economics, a free market/free economics is a system in which the prices for goods and services are determined by the open market and by consumers. In a free market, the laws and forces of supply and demand are free from any intervention by a government, or by other authority.

Some of the countries which are involved are:

Hong Kong

Singapore

New Zealand

Switzerland

Australia

Republic of Ireland

Estonia

Some countries are involved in free economy because Countries that have a market economy are Mexico, United States, United Kingdom, Germany, and Canada . These countries have a market economy because the prices of goods and services are set by supply and demand .

Hope u got ur answer

Similar questions