What is the name of the economic system where every product and service is free?
- Latin TechieLv 71 month ago
Erm I really dunno if that exists maybe its Welfare ?
- random_manLv 71 month ago
One of the fundamental tenets of economics is scarcity - that there are not enough goods and services for everyone to get everything they want.Source(s): I'm an economist
- JasonLv 41 month ago
Nothing is free.
- JuanBLv 72 months ago
anarchy best fits that
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- socialistpbLv 62 months ago
Socialism or Communism. Though neither has any economics, so neither is an economic system.
- OiyLv 62 months ago
In economics textbook, it is call a fishing community system(Krugman). Everyone can catches the fish freely with the same tools and technology. Everyone is subsistent,but poor equally.
- ZirpLv 72 months ago
fullblown communism is one option
- ALv 72 months ago
- IanLv 52 months ago
The monetary system has to fall for that to happen...
- griggleLv 72 months ago