Free Market Economy: Broaden Your Knowledge Everyday: Free Market Definition & Impact On The Economy
- ISBN-10
- ISBN-13
- 9798454170271
- Pages
- 138
- Language
- English
- Published
- 2021-08-10
- Author
- Eli Wygand
Description
A market economy is a system where the laws of supply and demand direct the production of goods and services. Supply includes natural resources, capital, and labor. Demand includes purchases by consumers, businesses, and the government. This book covers many subjects including money, wealth, inflation, wages, government spending, regulations, interest rates, profits and losses, corporations, and common objections to the free market. It purposely avoids discussion of specific political parties or specific politicians, so as not to cloud anyone's thinking. This book is appropriate for relative beginners on the subject, and those who are already strong advocates of the free market will find useful and interesting information. The arguments and examples given in the book can help you become a better advocate. Homeschoolers and mature high school students may also find this as a good introduction to economics.
