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Saturday, February 1, 2014

Free Market Reflection

The challenge was a basic example of what other economic systems do to make a good, sell it, and make a profit. The steps we took of making are product where actually a cheap easy something to make but we made a mistake in the building of are good so we had to buy new resources. After we bought the new resources we made the good, some advertisements and sold are products. A free market system is good because you have a free will over your company the government does not have power over your company meaning you can give whatever price tag on a good you are selling. A free market economy is bad because the companies can develop something bad and the government does not notice. It could be improved so that the government has small control over the company not nothing. 

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