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What is a market economy

User Mhutter
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2 Answers

6 votes

Answer:

an economic system in which production and prices are determined by unrestricted competition between privately owned businesses.

Step-by-step explanation:

Because I said

User Damusnet
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\large \tt \color{pink}market \: \: economy

  • The definition of a market economy is one in which price and production is controlled by buyers and sellers freely conducting business

example

  • the United States economy where the investment and production decisions are based on supply and demand.


\large \gray{ \boxed{{ \colorbox{g}{hope \: \: it \: \: helps}}}}

#carryonlearning

User Brain Foo Long
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