Market Economy - Assignment Point
Market Economy
Subject: Economics | Topics:

The major defining characteristic of the market economy is that investment decisions along with the allocation of maker goods are mainly produced by negotiation through marketplaces. Market economy is an economy in which usually decisions regarding expenditure, production, and distribution are based on supply and demand and prices of goods and services are determined in a free price technique. This is contrasted which has a planned economy, where investment along with production decisions are embodied in a plan of production.

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