Answers

2016-07-28T16:25:21+08:00
An economy in which decisions regarding investmentproduction, and distribution are based on market determined supply and demand,and prices of goods and services are determined in a free price system.The major defining characteristic of a market economy is that investment decisions and the allocation of producer goods are mainly made by cooperative negotiation through markets.
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2016-07-28T19:00:00+08:00
Ang market economy ay kilala rin sa tawag na KAPITALISMO (o pamilihan) :)
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