Analyze the factors that drive supply and demand, different types of market structures in a free enterprise system, and factors of stability in a nation’s economy.

Use the internet to research the apple corporation, its current

In a free enterprise system, supply and demand are driven by various factors such as consumer preferences, technology, demographics, and natural resources. Consumers decide what goods and services they want to purchase based on their needs and desires. If there is an increase in demand for certain products due to changes in these factors then the suppliers will need to increase production in order to meet this higher demand. Conversely, if there is a decrease in demand due to changes in the same factors then suppliers will need to reduce their production or prices accordingly.

There are four main types of market structures: perfect competition, monopolistic competition, oligopoly, and monopoly. Perfect competition occurs when many buyers and sellers are present with no one having significant power over pricing or production levels; monopolistic competition involves many firms producing nearly identical products but with some minor differences that give them an edge over competitors; oligopoly involves few firms controlling most of the market share; finally monopoly refers to one firm dominating the entire market.

For any economy or nation to remain stable it must have strong leadership from its government combined with a healthy business environment that encourages investment by individuals and businesses alike. Factors such as low interest rates on loans, reasonable taxes on incomes/corporations, minimal bureaucracy for starting businesses/obtaining permits can all lead towards stability within an economy. Additionally ensuring that everyone has access to basic necessities like food/shelter through welfare programs can also help ensure social stability within a nation’s borders.