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market economy
market
According to how the three basic economic questions are answered.
3 types of economic system
Free Enterprise
market aPLUS
Free Enterprise
Australia has a mixed-market economic system in which there is a mixture of control by the government and freedom of individual enterprise and in which the basic economic questions ...
Each system represents different answers to the four basic economic questions.
traditional system.
By buying or not buying goods and services, consumers provide answers to the basic economic questions
Each system represents different answers to the four basic economic questions.