4. Is the free-market system fair to everybody? Give at least one example showing how the system is fair and at least one showing how it's not fair. Explain why these result from the free-market system.

A positive thing is that it encourages development and innovation because the people choose what they want to do with their money and where they will invest. A drawback is that if the market goes out of control, things like cartels, monopolies, and trusts, can be established by rich people, or even worse, a recession might ensue.