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    Free Market Economies

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    What role does information play in free market economies and how are consumers involved?

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    In free market economies, information is crucial for governments to prevent recessions or depressions by monitoring and tracking consumer spending and the types of purchases made by consumers. In free market economies, consumers make decisions in accordance to self-interests wherein the ability to purchase goods ...

    Solution Summary

    This solution discusses the role information plays in free market economies and how consumers are involved. .