
- <u>The definition of a market economy is one in which price and production is controlled by buyers and sellers freely conducting business</u>
<h3>
<u>example</u></h3>
- <u>the United States economy where the investment and production decisions are based on supply and demand.</u>
<u>
</u>
<u>#</u><u>c</u><u>a</u><u>r</u><u>r</u><u>y</u><u>o</u><u>n</u><u>l</u><u>e</u><u>a</u><u>r</u><u>n</u><u>i</u><u>n</u><u>g</u>
For the first one The institution of slavery contradicted the foundation of the American society because till this day people of color are still being treated horrendously due to their ancestors and their teachings to the newer generation. Also it contradicted it because Americans had their amendments but it didn’t apply to slaves .
It would provide equal representation for each state
They relied heavily on trade