Please help reply to this discussion . needs to be a minimum of 150 words. thank you "Free market economies stimulate economic growth because the entrepreneur has incentive to work, that is, profit. When a business owner can obtain the rewards of their hard work, they are instantly more motivated than if they cannot. In a state-directed economy, whether or not the business is doing well, the person running the business will make the same amount of money. If the business does really well, the person in charge will not receive the same benefit as they would if it was their own enterprise.  Another reason that free market economies stimulate growth is because they allow supply and demand to create competition, which helps ensure that the best goods and services are provided to consumers (Investopedia, 2023). Without competition,

Please help reply to this discussion . needs to be a minimum of 150 words. thank you

"Free market economies stimulate economic growth because the entrepreneur has incentive to work, that is, profit. When a business owner can obtain the rewards of their hard work, they are instantly more motivated than if they cannot. In a state-directed economy, whether or not the business is doing well, the person running the business will make the same amount of money. If the business does really well, the person in charge will not receive the same benefit as they would if it was their own enterprise. 

Another reason that free market economies stimulate growth is because they allow supply and demand to create competition, which helps ensure that the best goods and services are provided to consumers (Investopedia, 2023). Without competition, a company can monopolize a market with little incentive to innovate their product. People may still purchase said product but that's because it's the only one available to them. This stifles growth as products do not get any better, and one business stays in control. 

Source 

https://www.investopedia.com/articles/economics/08/free-market-regulation.asp#:~:text=It%20contributes%20to%20economic%20growth,consumers%20at%20a%20lower%20priceLinks to an external site.. "