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.
Tourism rates sky-rocketed from the year 2000 onwards as awareness of its multifaceted appeal rose. There was a period between 2006 and 2008 that economic issues hindered the tourism industry somewhat. However, Brazil is the most visited country in the continent of South America today. Mosteiro de Sao Bento Church in Olinda, Pernambuco, Brazil.