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.
Paraguay (99.9%, hydropower) South America, the fourth-largest continent, extends from the Gulf of DariÃ©n in the northwest to the archipelago of Tierra del Fuego in the south. South Americaâs physical geography, environment and resources, and human geography can be considered separately. South America can be divided into three physical regions: mountains and highlands, river basins, and coastal plains.