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A MARKET EC0NOMY!?


what are some positives/negatives if a country were to have an open exchange of trade between producers and consumers?

Positives: Encourages competition and private economy.Means consumers can shop around for a better deal, meaning consumer costs are low.No middlemen making commision on sales.
Negatives:Producer has to keep costs low meaning profits are lower and demand from other producers who may have smaller setups can force people out of business.

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