Question

Describe how security is handled in the free-market system. Give an example to support your answer.

Answer 1

In the free-market system, security is handled by hired Private contractors. An example would be a security guard at a bank. Free market security usually consists of competing for private defense agencies with a system of insurance and third party watchdog groups to prevent abuse.In the free-market system, security is handled by hired Private contractors. An example would be a security guard at a bank. Free market security usually consists of competing for private defense agencies with a system of insurance and third party watchdog groups to prevent abuse.