It was ruled by local rulers because they ruled their own cities. It was a monarchy. The Shang Dynasty's economy is based on their trade, agriculture, and the craftspeople work. The Shang Dynasty's economy is based on their trade, agriculture, and the craftspeople work.
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the answer is "An independent regulatory commission"
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A market economy is an economic system in which economic decisions and the pricing of goods and services are guided by the interactions of a country's individual citizens and businesses. There may be some government intervention or central planning, but usually this term refers to an economy that is more market oriented in general.
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