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  • 1 # 羽諾池唯

    A free market economy is an economy in which the allocation for resources is determined only by their supply and the demand for them. This is mainly a theoretical concept as every country, even capitalist ones, places some restrictions on the ownership and exchange of commodities.About Mass Consumption: A society of mass consumption is contrary to a society of mass poverty. In a society of mass poverty, the average level of consumption is low, and most of the people consume a small amount of goods. (see graphs in the exhibition). In a society of mass consumption, the average level of consumption is very high and most of the people consume a large amount of goods.The society of mass consumption is the result of a higher purchasing power, as well as of social struggles for a better share of the production benefits. Mass consumption makes possible bigger markets (super and hyper), but it is not an egalitarian society.

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