read the description below of an economic system. in this economy, private individuals and groups are able…

read the description below of an economic system. in this economy, private individuals and groups are able to own and control resources, and prices are influenced by supply and demand. the voluntary exchange of property is encouraged, and buyers and sellers are free to negotiate the price, or terms, of a sale. when the price of essential, or very important, items rises too high or falls too low, the government may intervene to regulate the price and protect the public. which element would be different in an absolute free - market economy? private individuals and groups would not be able to own and control resources. prices would not be influenced by supply and demand. buyers and sellers would not be free to exchange property or negotiate prices. the government would not intervene to regulate prices.

read the description below of an economic system. in this economy, private individuals and groups are able to own and control resources, and prices are influenced by supply and demand. the voluntary exchange of property is encouraged, and buyers and sellers are free to negotiate the price, or terms, of a sale. when the price of essential, or very important, items rises too high or falls too low, the government may intervene to regulate the price and protect the public. which element would be different in an absolute free - market economy? private individuals and groups would not be able to own and control resources. prices would not be influenced by supply and demand. buyers and sellers would not be free to exchange property or negotiate prices. the government would not intervene to regulate prices.

Answer

Brief Explanations:

En una economía de mercado libre absoluta, el gobierno no interviene en el mercado. En la descripción inicial, el gobierno interviene cuando los precios de bienes esenciales son demasiado altos o bajos. Esto no sucedería en una economía de mercado libre absoluta.

Answer:

The government would not intervene to regulate prices.