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natita [175]
3 years ago
12

How does a market economy work?

Social Studies
1 answer:
kkurt [141]3 years ago
4 0

Answer:

A market economy is a system where the laws of supply and demand direct the production of goods and services

Demand includes purchases by consumers, businesses, and the government. Businesses sell their wares at the highest price consumers will pay.

Explanation:

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