6kake asked in Social ScienceEconomics · 1 month ago

What is the name of the economic system where every product and service is free?

11 Answers

  • 4 weeks ago

    Erm I really dunno if that exists maybe its Welfare ?

  • 1 month ago


    One of the fundamental tenets of economics is scarcity - that there are not enough goods and services for everyone to get everything they want. 

    Source(s): I'm an economist
  • Jason
    Lv 4
    1 month ago

    Nothing is free.

  • JuanB
    Lv 7
    1 month ago

    anarchy best fits that 

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  • 1 month ago

    Socialism or Communism. Though neither has any economics, so neither is an economic system. 

  • Oiy
    Lv 6
    1 month ago

     In economics textbook, it is call a fishing community system(Krugman). Everyone can catches the fish freely with the same tools and technology. Everyone is subsistent,but poor equally.

  • Zirp
    Lv 7
    1 month ago

    fullblown communism is one option

  • A
    Lv 7
    1 month ago


  • Ian
    Lv 5
    1 month ago

    The monetary system has to fall for that to happen...

  • 1 month ago

    Wishful thinking

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