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  • 10-12-2020
  • Social Studies
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What is a market economy?

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megangodwin4
megangodwin4 megangodwin4
  • 10-12-2020

Answer:

Hi! A market economy is controlled by the people, so prices fluctuate depending on supply and demand, you can become wealthy by taking advantage of the sales system, business owners are motivated by profit, market economies produce a higher standard of living.

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