Market economy is understood as the organization and allocation of the production and consumption of goods and services arising from the interplay between supply and demand. The characteristic that defines the importance of the market economy is that decisions about investment and the allocation of production goods are made mainly through markets.
The term is equivalent to the free market. It should be noted, however, that there is no term, especially at the theoretical or general level, about what would be the balance of permissible state intervention without a market economy becoming a directed economy: "But there are certain aspects related to the economy of market that remain controversial. In the first place, there is some controversy about which activities should be left to the State and which ones can be assigned to the private initiative ».
AT the end of the Mexican American War, the United States promised the Hispanos and Califonios that they will enjoy full protection under the law. The war officially ended on February 2nd, 1848 with the signing of the Treaty of Guadalupe Hidalgo in Mexico City.
