SlideShare a Scribd company logo
1 of 6
Download to read offline
Free Market Economics The Good, The Bad, and the Ugly
The Goals of a Free Market Economy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Efficiency ,[object Object]
Growth ,[object Object]
Freedom ,[object Object]
Variety ,[object Object]

More Related Content

More from Brian Coil

Wages and Skill Level
Wages and Skill LevelWages and Skill Level
Wages and Skill LevelBrian Coil
 
Other Business Structures
Other Business StructuresOther Business Structures
Other Business StructuresBrian Coil
 
Multinationals and Conglomerates
Multinationals and ConglomeratesMultinationals and Conglomerates
Multinationals and ConglomeratesBrian Coil
 
Corporations Defined
Corporations DefinedCorporations Defined
Corporations DefinedBrian Coil
 
Sole Proprietorships
Sole ProprietorshipsSole Proprietorships
Sole ProprietorshipsBrian Coil
 
Government Intervention in Markets
Government Intervention in MarketsGovernment Intervention in Markets
Government Intervention in MarketsBrian Coil
 
Monopolistic Competition Defined
Monopolistic Competition DefinedMonopolistic Competition Defined
Monopolistic Competition DefinedBrian Coil
 
Monopolies Defined
Monopolies DefinedMonopolies Defined
Monopolies DefinedBrian Coil
 
Perfect Competition Defined
Perfect Competition DefinedPerfect Competition Defined
Perfect Competition DefinedBrian Coil
 
Price and Equilibrium
Price and EquilibriumPrice and Equilibrium
Price and EquilibriumBrian Coil
 
Elasticity of Demand
Elasticity of DemandElasticity of Demand
Elasticity of DemandBrian Coil
 
Factors Affecting Demand
Factors Affecting DemandFactors Affecting Demand
Factors Affecting DemandBrian Coil
 
Demand Defined
Demand DefinedDemand Defined
Demand DefinedBrian Coil
 
Production Costs
Production CostsProduction Costs
Production CostsBrian Coil
 
Marginal Product of Labor
Marginal Product of LaborMarginal Product of Labor
Marginal Product of LaborBrian Coil
 
Elasticity of Supply
Elasticity of SupplyElasticity of Supply
Elasticity of SupplyBrian Coil
 
Governmental Wealth Redistribution
Governmental Wealth RedistributionGovernmental Wealth Redistribution
Governmental Wealth RedistributionBrian Coil
 
Governmental Economic Responsibilities
Governmental Economic ResponsibilitiesGovernmental Economic Responsibilities
Governmental Economic ResponsibilitiesBrian Coil
 
Centrally Planned Economies Defined
Centrally Planned Economies DefinedCentrally Planned Economies Defined
Centrally Planned Economies DefinedBrian Coil
 

More from Brian Coil (20)

Wages and Skill Level
Wages and Skill LevelWages and Skill Level
Wages and Skill Level
 
Other Business Structures
Other Business StructuresOther Business Structures
Other Business Structures
 
Multinationals and Conglomerates
Multinationals and ConglomeratesMultinationals and Conglomerates
Multinationals and Conglomerates
 
Corporations Defined
Corporations DefinedCorporations Defined
Corporations Defined
 
Partnerships
PartnershipsPartnerships
Partnerships
 
Sole Proprietorships
Sole ProprietorshipsSole Proprietorships
Sole Proprietorships
 
Government Intervention in Markets
Government Intervention in MarketsGovernment Intervention in Markets
Government Intervention in Markets
 
Monopolistic Competition Defined
Monopolistic Competition DefinedMonopolistic Competition Defined
Monopolistic Competition Defined
 
Monopolies Defined
Monopolies DefinedMonopolies Defined
Monopolies Defined
 
Perfect Competition Defined
Perfect Competition DefinedPerfect Competition Defined
Perfect Competition Defined
 
Price and Equilibrium
Price and EquilibriumPrice and Equilibrium
Price and Equilibrium
 
Elasticity of Demand
Elasticity of DemandElasticity of Demand
Elasticity of Demand
 
Factors Affecting Demand
Factors Affecting DemandFactors Affecting Demand
Factors Affecting Demand
 
Demand Defined
Demand DefinedDemand Defined
Demand Defined
 
Production Costs
Production CostsProduction Costs
Production Costs
 
Marginal Product of Labor
Marginal Product of LaborMarginal Product of Labor
Marginal Product of Labor
 
Elasticity of Supply
Elasticity of SupplyElasticity of Supply
Elasticity of Supply
 
Governmental Wealth Redistribution
Governmental Wealth RedistributionGovernmental Wealth Redistribution
Governmental Wealth Redistribution
 
Governmental Economic Responsibilities
Governmental Economic ResponsibilitiesGovernmental Economic Responsibilities
Governmental Economic Responsibilities
 
Centrally Planned Economies Defined
Centrally Planned Economies DefinedCentrally Planned Economies Defined
Centrally Planned Economies Defined
 

Recently uploaded

BBA 205 BE UNIT 2 economic systems prof dr kanchan.pptx
BBA 205 BE UNIT 2 economic systems prof dr kanchan.pptxBBA 205 BE UNIT 2 economic systems prof dr kanchan.pptx
BBA 205 BE UNIT 2 economic systems prof dr kanchan.pptxProf. Kanchan Kumari
 
Auchitya Theory by Kshemendra Indian Poetics
Auchitya Theory by Kshemendra Indian PoeticsAuchitya Theory by Kshemendra Indian Poetics
Auchitya Theory by Kshemendra Indian PoeticsDhatriParmar
 
UNIT I Design Thinking and Explore.pptx
UNIT I  Design Thinking and Explore.pptxUNIT I  Design Thinking and Explore.pptx
UNIT I Design Thinking and Explore.pptxGOWSIKRAJA PALANISAMY
 
VIT336 – Recommender System - Unit 3.pdf
VIT336 – Recommender System - Unit 3.pdfVIT336 – Recommender System - Unit 3.pdf
VIT336 – Recommender System - Unit 3.pdfArthyR3
 
Research Methodology and Tips on Better Research
Research Methodology and Tips on Better ResearchResearch Methodology and Tips on Better Research
Research Methodology and Tips on Better ResearchRushdi Shams
 
3.12.24 The Social Construction of Gender.pptx
3.12.24 The Social Construction of Gender.pptx3.12.24 The Social Construction of Gender.pptx
3.12.24 The Social Construction of Gender.pptxmary850239
 
HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - HK2 (...
HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - HK2 (...HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - HK2 (...
HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - HK2 (...Nguyen Thanh Tu Collection
 
ICS2208 Lecture4 Intelligent Interface Agents.pdf
ICS2208 Lecture4 Intelligent Interface Agents.pdfICS2208 Lecture4 Intelligent Interface Agents.pdf
ICS2208 Lecture4 Intelligent Interface Agents.pdfVanessa Camilleri
 
DLL Catch Up Friday March 22.docx CATCH UP FRIDAYS
DLL Catch Up Friday March 22.docx CATCH UP FRIDAYSDLL Catch Up Friday March 22.docx CATCH UP FRIDAYS
DLL Catch Up Friday March 22.docx CATCH UP FRIDAYSTeacherNicaPrintable
 
Certification Study Group - Professional ML Engineer Session 3 (Machine Learn...
Certification Study Group - Professional ML Engineer Session 3 (Machine Learn...Certification Study Group - Professional ML Engineer Session 3 (Machine Learn...
Certification Study Group - Professional ML Engineer Session 3 (Machine Learn...gdgsurrey
 
The basics of sentences session 8pptx.pptx
The basics of sentences session 8pptx.pptxThe basics of sentences session 8pptx.pptx
The basics of sentences session 8pptx.pptxheathfieldcps1
 
3.14.24 The Selma March and the Voting Rights Act.pptx
3.14.24 The Selma March and the Voting Rights Act.pptx3.14.24 The Selma March and the Voting Rights Act.pptx
3.14.24 The Selma March and the Voting Rights Act.pptxmary850239
 
Metabolism , Metabolic Fate& disorders of cholesterol.pptx
Metabolism , Metabolic Fate& disorders of cholesterol.pptxMetabolism , Metabolic Fate& disorders of cholesterol.pptx
Metabolism , Metabolic Fate& disorders of cholesterol.pptxDr. Santhosh Kumar. N
 
AUDIENCE THEORY - PARTICIPATORY - JENKINS.pptx
AUDIENCE THEORY - PARTICIPATORY - JENKINS.pptxAUDIENCE THEORY - PARTICIPATORY - JENKINS.pptx
AUDIENCE THEORY - PARTICIPATORY - JENKINS.pptxiammrhaywood
 
PHARMACOGNOSY CHAPTER NO 5 CARMINATIVES AND G.pdf
PHARMACOGNOSY CHAPTER NO 5 CARMINATIVES AND G.pdfPHARMACOGNOSY CHAPTER NO 5 CARMINATIVES AND G.pdf
PHARMACOGNOSY CHAPTER NO 5 CARMINATIVES AND G.pdfSumit Tiwari
 
Material Remains as Source of Ancient Indian History & Culture.ppt
Material Remains as Source of Ancient Indian History & Culture.pptMaterial Remains as Source of Ancient Indian History & Culture.ppt
Material Remains as Source of Ancient Indian History & Culture.pptBanaras Hindu University
 
30-de-thi-vao-lop-10-mon-tieng-anh-co-dap-an.doc
30-de-thi-vao-lop-10-mon-tieng-anh-co-dap-an.doc30-de-thi-vao-lop-10-mon-tieng-anh-co-dap-an.doc
30-de-thi-vao-lop-10-mon-tieng-anh-co-dap-an.docdieu18
 
BBA 205 BUSINESS ENVIRONMENT UNIT I.pptx
BBA 205 BUSINESS ENVIRONMENT UNIT I.pptxBBA 205 BUSINESS ENVIRONMENT UNIT I.pptx
BBA 205 BUSINESS ENVIRONMENT UNIT I.pptxProf. Kanchan Kumari
 

Recently uploaded (20)

BBA 205 BE UNIT 2 economic systems prof dr kanchan.pptx
BBA 205 BE UNIT 2 economic systems prof dr kanchan.pptxBBA 205 BE UNIT 2 economic systems prof dr kanchan.pptx
BBA 205 BE UNIT 2 economic systems prof dr kanchan.pptx
 
Auchitya Theory by Kshemendra Indian Poetics
Auchitya Theory by Kshemendra Indian PoeticsAuchitya Theory by Kshemendra Indian Poetics
Auchitya Theory by Kshemendra Indian Poetics
 
UNIT I Design Thinking and Explore.pptx
UNIT I  Design Thinking and Explore.pptxUNIT I  Design Thinking and Explore.pptx
UNIT I Design Thinking and Explore.pptx
 
VIT336 – Recommender System - Unit 3.pdf
VIT336 – Recommender System - Unit 3.pdfVIT336 – Recommender System - Unit 3.pdf
VIT336 – Recommender System - Unit 3.pdf
 
Research Methodology and Tips on Better Research
Research Methodology and Tips on Better ResearchResearch Methodology and Tips on Better Research
Research Methodology and Tips on Better Research
 
3.12.24 The Social Construction of Gender.pptx
3.12.24 The Social Construction of Gender.pptx3.12.24 The Social Construction of Gender.pptx
3.12.24 The Social Construction of Gender.pptx
 
HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - HK2 (...
HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - HK2 (...HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - HK2 (...
HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - HK2 (...
 
t-test Parametric test Biostatics and Research Methodology
t-test Parametric test Biostatics and Research Methodologyt-test Parametric test Biostatics and Research Methodology
t-test Parametric test Biostatics and Research Methodology
 
ICS2208 Lecture4 Intelligent Interface Agents.pdf
ICS2208 Lecture4 Intelligent Interface Agents.pdfICS2208 Lecture4 Intelligent Interface Agents.pdf
ICS2208 Lecture4 Intelligent Interface Agents.pdf
 
DLL Catch Up Friday March 22.docx CATCH UP FRIDAYS
DLL Catch Up Friday March 22.docx CATCH UP FRIDAYSDLL Catch Up Friday March 22.docx CATCH UP FRIDAYS
DLL Catch Up Friday March 22.docx CATCH UP FRIDAYS
 
Certification Study Group - Professional ML Engineer Session 3 (Machine Learn...
Certification Study Group - Professional ML Engineer Session 3 (Machine Learn...Certification Study Group - Professional ML Engineer Session 3 (Machine Learn...
Certification Study Group - Professional ML Engineer Session 3 (Machine Learn...
 
The basics of sentences session 8pptx.pptx
The basics of sentences session 8pptx.pptxThe basics of sentences session 8pptx.pptx
The basics of sentences session 8pptx.pptx
 
ANOVA Parametric test: Biostatics and Research Methodology
ANOVA Parametric test: Biostatics and Research MethodologyANOVA Parametric test: Biostatics and Research Methodology
ANOVA Parametric test: Biostatics and Research Methodology
 
3.14.24 The Selma March and the Voting Rights Act.pptx
3.14.24 The Selma March and the Voting Rights Act.pptx3.14.24 The Selma March and the Voting Rights Act.pptx
3.14.24 The Selma March and the Voting Rights Act.pptx
 
Metabolism , Metabolic Fate& disorders of cholesterol.pptx
Metabolism , Metabolic Fate& disorders of cholesterol.pptxMetabolism , Metabolic Fate& disorders of cholesterol.pptx
Metabolism , Metabolic Fate& disorders of cholesterol.pptx
 
AUDIENCE THEORY - PARTICIPATORY - JENKINS.pptx
AUDIENCE THEORY - PARTICIPATORY - JENKINS.pptxAUDIENCE THEORY - PARTICIPATORY - JENKINS.pptx
AUDIENCE THEORY - PARTICIPATORY - JENKINS.pptx
 
PHARMACOGNOSY CHAPTER NO 5 CARMINATIVES AND G.pdf
PHARMACOGNOSY CHAPTER NO 5 CARMINATIVES AND G.pdfPHARMACOGNOSY CHAPTER NO 5 CARMINATIVES AND G.pdf
PHARMACOGNOSY CHAPTER NO 5 CARMINATIVES AND G.pdf
 
Material Remains as Source of Ancient Indian History & Culture.ppt
Material Remains as Source of Ancient Indian History & Culture.pptMaterial Remains as Source of Ancient Indian History & Culture.ppt
Material Remains as Source of Ancient Indian History & Culture.ppt
 
30-de-thi-vao-lop-10-mon-tieng-anh-co-dap-an.doc
30-de-thi-vao-lop-10-mon-tieng-anh-co-dap-an.doc30-de-thi-vao-lop-10-mon-tieng-anh-co-dap-an.doc
30-de-thi-vao-lop-10-mon-tieng-anh-co-dap-an.doc
 
BBA 205 BUSINESS ENVIRONMENT UNIT I.pptx
BBA 205 BUSINESS ENVIRONMENT UNIT I.pptxBBA 205 BUSINESS ENVIRONMENT UNIT I.pptx
BBA 205 BUSINESS ENVIRONMENT UNIT I.pptx
 

Free Market Economic Characteristics