Potential drawbacks of a government being too involved in the free market include stifling competition, hindering economic growth, and potentially leading to a system akin to communism. In such a system, the government controls how businesses make their money, which can be detrimental to a progressive, growing economy. A competitive market is essential for meeting supply and demand effectively. However, critics argue that such a system can be unfair, favoring only a few.
Economics can be intimidating to the person who is not well-versed in business and mathematics. This...
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