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Oduvanchick [21]
3 years ago
6

What do people do in a market economy do to guide production

History
1 answer:
zhuklara [117]3 years ago
8 0
People do many things in market economy to guide the production. Supply includes natural resources, capital, and labor. Demand includes purchases by consumers, businesses, and the government. Businesses sell their wares at the highest price consumers will pay.
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Luther taught that salvation came from faith alone, while the Church taught that both faith and good works could bring about salvation.

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