aleciarogers76
aleciarogers76 aleciarogers76
  • 25-03-2020
  • Social Studies
contestada

one paragraph explaining how a market economy works.

Respuesta :

Hi1315
Hi1315 Hi1315
  • 25-03-2020

Answer:

market economy is a system where the laws of supply and demand direct the production of goods and services. Supply includes natural resources, capital, and labor. Demand includes purchases by consumers, businesses, and the government. Businesses sell their wares at the highest price consumers will pay.

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