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tangare [24]
2 years ago
10

A market economy is an economy in which decisions regarding investment, production, and distribution are based on supply and dem

and, and prices of goods and services are determined in a free price system.
Social Studies
1 answer:
erastovalidia [21]2 years ago
8 0
Yes, this is true!

Market economy is what distinguishes the capitalist systems and the "opposite" is command economy - an economy which is centrally planned, that is, where the government decides what will be produced and how it will be distributed.
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