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Explain why some researchers conclude that Americans are becoming more obese because of the existence of fast-food restaurants. If fast-food restaurants have been around for over 50 years why is the trend toward obesity only a recent one? Explain.
Unregulated Market
A market where operations are conducted without oversight by governmental regulations or interventions.
Product Variety
The assortment or range of different products or goods that are available in the market or produced by a company.
Free-Market System
A type of economic system where prices for goods and services are determined by the open market and by consumers. In a free-market system, the laws and forces of supply and demand are free from any intervention by a government or other authority.
Coordinating Mechanism
Systems and processes that facilitate the efficient allocation and use of resources within an economy or organization.
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