Ompetitive Markets & Free-MarketEconomies
Please give your views (logically formulated responses to your readings and research) to the following question(s): Explain competitive markets. Is the United States a competitive market, please give examples showing how it is and how it is not depending upon the industry? Finally give your opinion on what countries are the most Free-marketin the economic sense, compare and contrast that with a country that does not have a free-market. What are the differences, how is productivity and income levels effected by the differences?