The benefits of a free market over a government-controlled market include increased competition, which can lead to innovation and better products and services. It also allows for the supply and demand to dictate prices and production, which can be more efficient and responsive to consumer needs. Additionally, a free market can provide more opportunities for businesses and individuals to succeed based on their own merits, rather than government intervention.
Economics can be intimidating to the person who is not well-versed in business and mathematics. This...
View summary