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Q: What is the basis for a market economy?
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What is the basis of a market economy?

Supply And Demand is the basis of most activity in a market economy.


Which of the terms describes an economy in which prices form the basis for economic decisions?

market or market economy


What describes an economy in which prices form the basis for economic decidions?

market


How are goods and services distributed in market economy?

To consumers based on the basis of their ability and willingness to pay the existing market price


In a market or capitalist economy who makes the economic decisions?

The people in the market make these decisions on an individual basis.


What was an established and regulated exchange for business between buyers and sellers on a regular basis?

market economy


How does the fluctuation of stock market results affect the economy on a daily basis?

Stock market results are tied to the economy and when economy is good the returns are usually good. Also when the economy is poor the markets usually go down. It is also found that the expectations of the investors can play a role. Right now the stock market results are down due to a poor economy.


What is Bolivia economy?

Market Economy.


What is the basis of Washington states economy?

is the basis of Washington state economy is wildressources


How current events affect the economy?

Current events affect the economy on an hourly basis. If you follow the stock market you know that any negative events that happen in the world immediately affect the stock market. Good news makes the market go up and negative news makes the market go down.


Which countries have a market economy?

Almost every country has a market economy; North Korea still has a command economy. WRONG^^ U.S. is rumored to be a market economy, but there are not pure market economy.


Is Bahrains economy command or market?

a market economy