List the Three Beliefs on Which the Free-Market Argument Rests

question 36

Essay

List the three beliefs on which the free-market argument rests.

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Definitions:

Transfer Programs

Government initiatives designed to redistribute income through mechanisms like subsidies, grants, or social assistance to support various segments of the population.

Means-tested Programs

Government assistance programs that are available only to individuals or families whose incomes fall below a certain level.

Eligibility

The state of being qualified or suitable for a certain purpose or conditions.

Officially Considered

A status or perspective that is recognized or acknowledged by authoritative or formal entities.