The United States uses a market economy. This type of economy has pros and cons. Compared to the other market system economies, this one has the most pros. They include, little government control, the ability to create your own business, and small business can meet people's wants and needs. My dad has a construction business that specializes in concrete tilt ups. He started out as just a regular worker out of college when it had a different owner. However, after many years of hard work, my dad and his best friend have worked their way up to the owners. The business has blossomed in a huge way since my dad became owner. They have better marketing, organization, and business. However, due to the market economy, it has had some hard times. It has swells of a ton of business at once, to struggling to find business a few months . later. But the economy is starting to turn up, therefore more business/ income.
The market economy system has allowed my dad's company to grow and prosper, without the government putting restrictions on it. I support the market economy. I think it would be hard to adapt to different market economies that have more restrictions, because ours is so understanding of people's needs.
QUESTION:
What would it be like to live in a different market economy in a different country? Would it be harder, or easier to make it?
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