Private sector
Private sector
Public Sector
Market.
Supply and demand influences the economic decisions of businesses and individuals.
The sector of the economy which is paid for or operated by the government.
Private sector
Public Sector
This city should build a new parking garage because it should not be up to the private sector to do so. Private Sector - The part of the economy that involves the transactions of individuals and businesses
(For Apex Learning) Mixed economy.
Market.
Supply and demand influences the economic decisions of businesses and individuals.
The sector of the economy which is paid for or operated by the government.
marginal utility model ....i think circular flow model....
The Economic Unit. Composed of millions of individuals, businesses, and government units.
(Apex Learning) Individuals own businesses, and they compete with one another for profits.
they made efforts to build a free-market economy, or an economy in which producers compete freely for consumers' business.
Businesses in a product market recive revenue from households to pay for the labor that they are using, and in factor markets businesses buy land etc. from households. This keeps the money flowing in the market economy.