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Korvikt [17]
3 years ago
14

What is a market economy?

Social Studies
1 answer:
expeople1 [14]3 years ago
8 0

Answer:

Hi! A market economy is controlled by the people, so prices fluctuate depending on supply and demand, you can become wealthy by taking advantage of the sales system, business owners are motivated by profit, market economies produce a higher standard of living.

Explanation:

hope this helps

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