Economy, asked by mohammedfareez2165, 5 months ago

what is market economy

Answers

Answered by ridahussain86

9

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

Answered by Anonymous

8

Market economy is an economic system in which the decisions regarding investment, production and distribution are guided by the price signals created by the forces of supply and demand.

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