In a free market, supply and demand determine the number of goods produced: the more needed, the more is produced, and the type of goods produced: only the goods that are needed are produced.
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https://quizlet.com/24479197/govt-2305-ch15-flash-cards/
This may help....if not sorry but you have extra notes.
Peter I played a crucial role in the dramatic economic and population growth of Russia in the eighteenth century. He made some radical reforms which were not accepted by everyone. He conducting a tax reform by imposing severe taxes on the people. He also did a Church Reform, which reduced the power of religion and church in the public life. He established the "Senate" and the "Ministries", leading to a more centralized administration and an exclusion of the hereditary privileges. He focused on the increase of the industrial production and the advances of technology and engineering. In addition, he increased the empire's trading activities and changed many of the agricultural practices.
