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klemol [59]
3 years ago
11

One paragraph explaining how a market economy works.

Social Studies
1 answer:
Alexeev081 [22]3 years ago
5 0

Answer:

market economy is a system where the laws of supply and demand direct the production of goods and services. Supply includes natural resources, capital, and labor. Demand includes purchases by consumers, businesses, and the government. Businesses sell their wares at the highest price consumers will pay.

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