The advantages of a free market economy are for example - supply and demand A free market economy allows competition. Without competition, prices would be a lot higher. This is due to the fact that companies compete for more customers.
About South America: South America is the world's fourth largest continent, and the fifth most populous. The continent covers an area of 6,890,000 square miles and comprises a population of 420,458,044 inhabitants, as of 2016. The Pacific Ocean lies to the west of South America and the Atlantic Ocean to its east.
South America is a land of diversity. The Amazon Rainforest and Amazon River, the Atacama Desert, Lake Titicaca, and Angel Falls of Venezuela are some of the major natural attractions of South America. South America has diverse climates from dry and arid to tropical. ACOD~20120831 Last Updated on : January 1st, 2018