- <u>The definition of a market economy is one in which price and production is controlled by buyers and sellers freely conducting business</u>
<h3>
<u>example</u></h3>
- <u>the United States economy where the investment and production decisions are based on supply and demand.</u>
<u>
</u>
<u>#</u><u>c</u><u>a</u><u>r</u><u>r</u><u>y</u><u>o</u><u>n</u><u>l</u><u>e</u><u>a</u><u>r</u><u>n</u><u>i</u><u>n</u><u>g</u>
A, C D those are correct i think
<span>Because we, as a society learn from our mistakes, and while you do not know now, you may play an important role in government or leadership where the lessons learned about that period may help to avoid the mistakes of the past. Remember, those who do not learn from their mistakes are doomed to repeat them. </span>
Answer:
It will decrease because as the income decreases, we would prefer to have some important goods rather than luxury
