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VLD [36.1K]
2 years ago
14

How are supply, demand and free enterprise a key to market economy?

Social Studies
1 answer:
Roman55 [17]2 years ago
5 0

Explanation:

In a free market economy, the law of supply and demand, rather than a central government, regulates production and labor. Companies sell goods and services at the highest price consumers are willing to pay while workers earn the highest wages companies are willing to pay for their services.

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This study was an experiment.

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c he beleved would hurt georgia farmers

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Globalization has a tremendous impact on cultures worldwide, whether they are large or small. identify the effects of globalizat
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It is correct to say that globalization has a tremendous impact on cultures across the world, whether large or small. Some effects of globalization are:

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<h3 /><h3>What is globalization?</h3>

It is a worldwide phenomenon that has made relations between countries closer, in the social, political, economic and cultural spheres, having been formed through developments in technology and means of transport.

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brainly.com/question/1133228

#SPJ1

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