The decisions are made in a market economy by considerations of various factors. The output level of an economy is the main considerations as well as the income level of the region.
A free market is one in which decisions about what to produce and in what quantities are made by:
The decisions are made in a market economy by considerations of various factors. The output level of an economy is the main considerations as well as the income level of the region.
The decisions are made in a market economy by considerations of various factors. The output level of an economy is the main considerations as well as the income level of the region.
In a command economy government planners make the decisions and in a market the decisions are made by individuals.
Free-Market system
supply and demand
To influence decisions made by the media.
According to free market laws are made based on producers of goods and services in a free market. In a free economy government has very little market intervention.
the profit motive(:
the government.
To influence decisions made by the media
Business market differ from consumer market in terms of how decisions are made, and the size of purchases. Existence of experienced purchasers and number of buyers are the other differences of the two market types.