FIN443_WEEK 2_Latoya Joefield_DISCUSSION.docx - Latoya Joefield SundaySep 8 at 3:06pm Manage Discussion Entry T think if the rules and regulatory bodies

FIN443_WEEK 2_Latoya Joefield_DISCUSSION.docx - Latoya...

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Latoya Joefield SundaySep 8 at 3:06pm Manage Discussion Entry T think if the rules and regulatory bodies are eliminated I feel the U.S can't operate as a true free market because each company would have free range to do what they want. These rules and regulation are like referees, they make sure all are playing by the rules and they don't step out of line and take advantage of other business. "The term "free market" does not mean free of interference. It means free of government interference, that is, legal plunder and other official aggressive force" (Sheldon Richman). The free market is run by supply and demand, along with government regulations, How much government regulations is good or bad for the economy? The ones who want less regulations would say that the free market will have the businesses help to protect the consumers which would provide good products, services and affordable prices for all.
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