Tag: FREE Foundation
The demands of the consumers determine the supply provided the consumer and the supplier maintain the ability to engage in voluntary transactions, the key to a free market economy.
The poor in the United States often own flat-screen TV’s, cell phones, automobiles, and other possessions deemed luxury items by the poor in other countries. Why is that? Why do the poor in the U.S. have a much higher standard of living than the poor in other countries?