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Radda [10]
4 years ago
13

Which of the following groups of players make all of the economic decisions in a free-market system?

Social Studies
2 answers:
jeka57 [31]4 years ago
5 0

Answer: Producers and consumers

Explanation:

A free-market system is an economic system in which the market decides the prices of goods and services through supply (producers) and demand (consumers) with little or no government intervention or control. . The economic decisions solely rest on the producers and consumers. The producers are free to use resources to produce goods and services and sell it in their choice of market. The consumers are also free to purchase or buy goods and services that they want or need

mezya [45]4 years ago
4 0

Consumers and producers.

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The grassroot movement refers to a type of movements that was conducted on local level, but intended to create changes on larger level (states or national level).

The Populist movement were initially started in local area within the southern and mid-western states. At that time, a group of farmers gathered together to create a party that represent their interest. They faced an economic difficulty due to the abuse of power conducted by the railroads company who impose a really high tariffs for the product distribution.

At first , their movement failed. But their ideals were carried out by the next generation who eventually founded the progressive party. This party managed to influence the government to pass series of laws to promote worker's right such as Imposing a maximum price for different type of products, minimum wage, maximum working hours, Subsidies for farmers, etc.

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