Madie Strople: A market economy (you probably know it better as a "free market") is simply as economy where consumers and businesses decide on the prices and what they buy, basically an economy without government regulations.
Nia Monopoli: it where the business are sold. it;s importing and exporting goods and service
Sylvie Snetting: When prices rise and fall based on the level of demand. Also, when production of products rises and falls when demand for them changes.
Ambrose Mumma: A market economy is a free market economy, where market forces usually determine outcomes. A market economy is, in its simplest form, a meeting place where people truck, trade, and barter goods. If money is present then prices will be established quickly. If not, a commodity could be used as money, and prices will be set. Every person has the profit motive to drive all transactions. This usually dictates how goods are made, when they are sold, how much is made, and where it is! sold and so forth. A pure market economy, without any government restrictions would likely rip itself apart. This is my historical perspective of a self-regulating market. Please read this article for more of a text book definition....Show more
Nikki Sypult: The planes economies have such luxury's as having extra dirt with your dirt dinner or just plane dirt with dinner. They did not work and was not a good thing, so they looked across to the Great USA and saw what we have and duh, the key is are free market. Just look at china the old USSR and soon one day the middle east, democracy will only grow in a free market.
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