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statuscvo [17]
3 years ago
9

How does a market economy answer the 3 economic questions?

Social Studies
1 answer:
Yuliya22 [10]3 years ago
3 0

Explanation:

In its purest form, a market economy answers the three economic questions by allocating resources and goods through markets, where prices are generated. In its purest form, a command economy answers the three economic questions by making allocation decisions centrally by the government.

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