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the government tries to stay out of the way of businesses- Although the government sets certain standards businesses must follow- for the most part businesses can do as they please.
3. there is a great variety of goods and services for consumers ( If there is a demand for a good or service, the demand will almost always be met in a market economy).
4. market economy encourage competitive environment, ( competition does encourage innovation, and the free market economy has produced well over a century of dizzying technical progress. At the same time productivity has also increased at a phenomenal rate...
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