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mel-nik [20]
2 years ago
10

What is a market economy

History
2 answers:
Lelechka [254]2 years ago
7 0

\large \tt \color{pink}market \:  \: economy

  • <u>The definition of a market economy is one in which price and production is controlled by buyers and sellers freely conducting business</u>

<h3><u>example</u></h3>

  • <u>the United States economy where the investment and production decisions are based on supply and demand.</u>

<u>\large \gray{ \boxed{{ \colorbox{g}{hope \:  \: it \:  \: helps}}}}</u>

<u>#</u><u>c</u><u>a</u><u>r</u><u>r</u><u>y</u><u>o</u><u>n</u><u>l</u><u>e</u><u>a</u><u>r</u><u>n</u><u>i</u><u>n</u><u>g</u>

jenyasd209 [6]2 years ago
6 0

Answer:

an economic system in which production and prices are determined by unrestricted competition between privately owned businesses.

Explanation:

Because  I said

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