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 continent located in the Western Hemisphere, mostly in the Southern Hemisphere, with a relatively small portion in the Northern Hemisphere. It is also considered as a subcontinent of the Americas, which is the model used in Spanish-speaking nations and most of South America.razil is the largest country in South America, encompassing around half of the continent's land area and population. The remaining countries and territories are divided among three regions: The Andean States, the Guianas and the Southern Cone.