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rusak2 [61]
3 years ago
5

What role do consumers play in market economy?

History
1 answer:
Basile [38]3 years ago
6 0

Answer:

The role of the consumer in a market economy

Consumers take their responsibility to make decisions and to buy what is best for them. There is a lot of competition in a market economy because producers want consumers to buy their products rather than another companies product.

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Sloan [31]

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The economies of many northern states had moved away from farming to industry. So, they no longer needed slaves and they started to support slave’s freedom. however, the South’s economy was based on a system of large-scale farming that depended on the labor of black slaves to grow certain crops, especially cotton and tobacco.

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