ECN210 Free Markets in Chile and Venezuela

Question Description

Our Recommended Readings this week includes a look at Chile and Venezuela (Links to an external site.)Links to an external site..

  • Discuss how free markets help explain the different experiences in those countries.
  • Be sure to include a discussion of how Thomas Piketty might view these differences.
  • Discuss how the differences between the countries in income can help explain the differences between individual incomes.

Final Answer


Free Markets in Chile and Venezuela
Student’s Name
Institutional Affiliation
Free markets have led to enormous growth and success among the different countries that have
joined it, in this case, Chile which has experienced steady growth in their economy since the
1980s as compared to Venezuela whose economic growth is slow as observed from the different
How free markets explain the different experiences in those countries
Within the past years Chile and Venezuela were almost at the same margin economically as
revealed b...

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