The U.S. economy is primarily a free market economy. A free-market economy is run by supplying and demand, and in the United States, it contains some government rules and regulations. Just like in all free-market economies, both buyers and sellers create their businesses. They generate their own leads, what they want to buy, and what they want to sell. Today there is a huge debate on how much the government should be able to regulate an order for the U.S. economy to succeed. Individuals that want less regulation argue that if you remove government restrictions, the free market will force businesses to protect consumers. This means that the sellers will have to create an affordable price for everyone. Those who do not believe in government regulations do believe that the government causes everyone to cost more money. Which, in some case is true. But in order to have successful companies, both small businesses and large, there has to be some type of rules and regulations. Even most sma
https://fee.org/articles/free-enterprise-is-the-worlds-only-successful-strategy-for-reducing-poverty/ I chose this news article because it is relevant and touches on a big issue with both free market (capitalism) and socialism. This issue is poverty. Many believe that without a more socialistic form of government it would be impossible to get rid of poverty. This isn't the case, with a capitalist form of government, it will actually be easier. This article touches heavily on this subject.