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.
The New York Times. Brazil is the largest country in South America in area and population. It was one of the worldâs fastest-growing economic powerhouses from 2000 to 2010, but the boom appeared to sputter in 2011. The countryâs meteoric rise occurred under the stewardship of Luiz Inacio da Silva, who served as president from 2002 to 2011.