problem of resource allocation is automatically solved in a free economy true or false - Economics - Introduction

Question

problem of resource allocation is automatically solved in a free
economy true or false

Suman Lata · Accepted Answer

Dear Student

problem of resource allocation is automatically solved in a free
economy - False

The free market is an economic system based
on supply and demand with little or no government control
distribution of income can solve the problem of resource
allocation if resources are allocated in right
directions

Regards