A free market system can significantly affect the income of corporations. In a free market, corporations have the freedom to compete and innovate without government interference. This competition can lead to increased profits as corporations strive to meet consumer demand and outperform their competitors. However, a free market can also lead to income instability for corporations, as market forces can cause fluctuations in demand and prices. Additionally, in a free market, corporations are subject to taxation by the government, which can also affect their income.
Economics can be intimidating to the person who is not well-versed in business and mathematics. This...
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