Asked by Courtni
Why is a free market system able to respond faster to devastation caused by war and natural disasters?
Answers
Answered by
Ms. Sue
With a free market system, individual companies can immediately decide to go and help (and make money from) people devastated by a disaster. With a government-controlled system, you have many more people, rules, committees, and budget constraints that make responding to disasters a long and tedious process.
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