Free market proponents argue that ____________ benefits far more people than it hurts and that it has resulted in a reduction in global poverty levels, particularly in developing nations. a socialism b anti-globalization c globalization
Free market proponents argue that ____________ benefits far more people than it hurts and that it has resulted in a reduction in global poverty levels, particularly in developing nations. a socialism b anti-globalization c globalization
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Question
Free market proponents argue that ____________ benefits far more people than it hurts and that it has resulted in a reduction in global poverty levels, particularly in developing nations.
| a |
socialism
|
|
| b |
anti-globalization
|
|
| c |
globalization
|
Expert Solution
Step 1
Free Market - Free market is an economic system on which demand and supply are based and with no or little bit of government interference and control. Free Market is the characteristics of spontaneous arrangements via which economic decisions are made by an individual.
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