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(:
Economic decisions can be made by various entities depending on the context. In a market economy, individual consumers and businesses make decisions based on supply and demand. In a command economy, the government or central authority typically makes all economic decisions. In mixed economies, a combination of both market forces and government regulations influences economic decision-making.
To influence decisions made by the media
the government.