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A market economy, also widely known as a "free market economy," is one in which goods are bought and sold and prices are determined by the free market, with a minimum of external government control.
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Whichof the following is another term for a free-market system?
Capitalism
Which of the following is another term for market clearing price?
equilibrium price
Is capitalism in the market economy?
The term "market economy" is just a synonym for capitalism.
Which of the following is another term for a free-market system?
CapitalismcapitalismAnother name for free market system would be called second market. This is a non- profit market.
Which of the following is another term for a planned economy?
Socialist system
What term used to describe a market economy?
Capitalist
What is another term for market risk?
another term for market risk is non-diversifiable risk.
What term is used to describe a market economy?
capitalistA+
What is another word for supply and demand?
Another word for supply and demand is "market forces." This term refers to the economic factors that influence the availability of goods and services (supply) and the desire for them (demand), which together determine prices in a market economy.
Which is another term of the three enterprise system?
Another term for a free enterprise system is often one called a free market economy. However, with that said, most economies are mixed economies. This blends a degree of government regulation within a private ownership economy. A common error is to use the term "capitalism". This exists nowhere.
What is another term for a modified private enterprise economy?
us economy
What is another term for modified private enterprise economy?
us economy
