advantages and disadvantages of a free market economy
As your faithful economic advisor, I am aware of the current economic situation occurring in Cuba and have been informed by sources that you are deciding to switch to a Free Market Economy. Upon hearing the news, I feel that I should first inform you of the advantages and disadvantages of a free market economy so that you are aware of the decision you will be making. The free market economy has both good points and their bad points, but it depends on how the community will make use of it. ... Advantages of a Free Market Economy (In a free market economy, the advantages are normally aimed towards the middle/upper class in a community. This is why we normally find them in richer communities such as England and the United States of America; the concept of a market economy is to allow people to get through life by themselves.