Economy, asked by nwjwrboro09, 8 months ago

how does the market economy solve the economic problems​

Answers

Answered by Anonymous
1

Answer:

hello friend's

Explanation:

The market economy helps with solving the economic problem by providing a mechanism for deciding what, how and for whom production will take place. In a free market system consumers are the ones to determine the allocation of resources. ... The amount of money consumers spend is determined by wealth and income.

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