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Assignment: Free Market and Ethical IssuesMarkets are mechanisms for coordinating the set of connections of production operations that aredistributed throughout the whole economic system. Thus, the market is the predominant anddetermining link between producers of goods and services and consumers. Accordingly, markets, asan exchange of goods and services that takes place as a result of buyers and sellers interactions, aregenerally considered the most efficient allocator of resources in the market economy.However, free markets are not allowed to solve some of the social problems in a society due tovarious reasons. One such social problem is illegal drugs. Another example is environmental issuessuch as pollutions. For an additional example for a social problem, where supply and demand is notallowed to freely function, conduct basic research on markets for human organs. There are blackmarkets (underground economy) for human organs in some countries. But a trade in human organs,based on supply and demand, raises ethical issues and hence it indicates a limitation of relying onmarkets to solve the social problems we have in the society.Course outcome(s) practiced and assessed in this Assignment:GB540-1: Evaluate ethical issues in economics.DirectionsYour research should be about social problems where the free markets are not allowed to function,which includes the market for a particular illegal good and service, a regulated market, etc.● Select a social problem where free markets are not allowed to function, and conduct researchon the social problem.● Describe how free market features could be introduced to help alleviate the social problemthrough free market operations of supply and demand.● Discuss the risks of introducing market mechanisms of supply and demand in situations whereethical issues are present.● Explain four roles of the government in maintaining ethical business practices.Criteria● Your Assignment should have a cover sheet with the following information: Title of the paper,Your Name, Course Number and Section Number, and Date● It must be a minimum of 5-pages long (excluding title page, references, etc.)● Be sure to include the criteria located in the rubric below within your paper.● It must be APA formatted with citations to your sources and your last page should list allreferences used. Review the APA formats found in the Writing Center.● You must use a variety of three objective, high quality, and current sources. Peer reviewedarticles, articles published in journals, textbooks, and library resources found in the Library areexamples of high quality resources.● Note that Wikipedia, Investopedia, etc. are not considered as reliable resources for thisresearch.

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