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Misha Larkins [42]
3 years ago
8

How does a market economy work?

Social Studies
1 answer:
Anna [14]3 years ago
5 0

Answer:

NOUN

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

"the process of transition to a market economy led to major changes"

Explanation:

This is the definition, if that's what your looking for. Have a good day!

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