The advantages of a free market economy are for example - supply and demand A free market economy allows competition. Without competition, prices would be a lot higher. This is due to the fact that companies compete for more customers.
About South America: South America is the world's fourth largest continent, and the fifth most populous. The continent covers an area of 6,890,000 square miles and comprises a population of 420,458,044 inhabitants, as of 2016. The Pacific Ocean lies to the west of South America and the Atlantic Ocean to its east.
South America is the fourth largest continent. It has 12 countries and 3 major territories. South America has the world's largest river system (The Amazon). Antarctica is the fifth largest of the seven continents.frica is the second largest continent in the world and has 53 countries. Africa has the world's longest river (The Nile) and world's largest desert (The Sahara). The population of Asia ranks third, behind Asia and Europe.