lanabayari lanabayari
  • 14-06-2021
  • Business
contestada

Relationship between democracy and free market economy?

Respuesta :

rywardghimire
rywardghimire rywardghimire
  • 02-08-2021

Answer:

A Market economy system is essentially a system of economic democracy, the most secure foundation of citizens' freedom. According to Mises, as soon as the economic freedom of the free market system is removed, political liberties and the legal system become fake and fade away, and democracy perishes.

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