In a market economy, the interaction of supply and demand determines the quantity and equilibrium price of the goods and services traded. Likewise, the market is responsible for the distribution of income through the possession of productive factors (capital, labor, etc.). In a market economy, the key signals are prices, which indicate the relative scarcity of resources.
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Dinwiddie sent Captain William Trent of the Virginia militia to construct a fort at the strategically important forks of the Ohio River and also to convince the local Indians to ally against the French.
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