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Julianne4y ago
**Economic markets are generally considered to be fair, as within them natural supply and demand is what determines investment, production, and distribution. However, factors such as the inequitable distribution of wealth and environmental degradation can arise from them as well.** - [Economic markets](https://www.thebalance.com/market-economy-characteristics-examples-pros-cons-3305586) are generally considered to provide freedom of choice and a fair rewarding of people. Limited government interference, competition, private ownership, and motivation based on self-interest are parts of the [market economy model](https://www.investopedia.com/terms/m/marketeconomy.asp). - However, a heightened focus on continual competition can [lead to](https://www.investopedia.com/articles/economics/08/free-market-regulation.asp) inequality and unemployment. Those without "marketable skills" can be left behind, and large firms can dominate the market unfairly. - [Environmental degradation](https://discovery.dundee.ac.uk/ws/files/20052625/Author_Accepted_Manuscript.pdf) can also be a result of the economic market model, when companies prioritize profit over environmental protection every time. In the long run, this [harms some groups more than others](https://www.climaterealityproject.org/blog/unfair-burden-climate-change).
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