Glasses free 3D TVs are not available yet (apart from 2 models on sale in Japan only) so at this point there's no contest.
Thatβs what those who benefit from capitalism want you to think. In reality there is no free market, due to state interference in the economy.
Producers are compete freely for consumers' business.
The free market system is most closely associated with Economist, Adam Smith. Within a free market system, sellers are free to set prices and compete via the consent of consumers. There is little to no intervention from the government, and sellers are free to operate within market of supply and demand.
To freely compete with other enterprises in a free market economy (i.e. without any government regulation)
Their industries are too weak to compete in the international market.
Their industries are too weak to compete in the international market.
Overall,the vital role prices play in the free market enables individuals and businesses to create, produce, transform, develop, innovate and compete in the marketplace.
Their industries are too weak to compete in the international market.
Their industries are too weak to compete in the international market.
Their industries are too weak to compete in the international market.
The price system is so important to the free market economy because the price system allows a company to compete within the market by setting a price that is fair for consumers and the provider. A fixed price system causes the market to fail if prices of supplies rise.
Many developing countries do not benefit from free trade policies, because their industries are to weak to compete in the international market.