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Consumers and Producers.
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Who makes decisions in a free market system?
In a free market system
Who makes the decisions in a free-market system?
Consumers and producers
Who makes economic decisions in a free-market system?
Consumers and Producers.
Who makes the economics decisions in a free market system?
they make there money byvsdfajhcgfGDHSADG
An economic system where decisions are made by producers and consumers are what?
Free-Market system
Who makes the the main economic decisions in a free-market system?
The terms free market Economics and capitalism are used relatively interchangeably because both refer to a system where BUSINESS OWNERS make local decisions to produce, sell, and buy various products based on MARKET DEMAND, rather than government demands.
Who makes all the economic decisions in a free market system?
The terms free market economics and capitalism are used relatively interchangeably because both refer to a system where BUSINESS OWNERS make local decisions to produce, sell, and buy various products based on MARKET DEMAND, rather than government demands.
What groups of players make all of the economic in a free market system?
The consumers make all decisions in a free market economy
What is the role of consumers and producers in a free-market system?
They make the economic decisions.
What is the role of consumer in a free market system?
C. They make the economic decisions
What describes the properties that determine the outcome in a free market system?
Distribution decisions
What type of system does the government make no economic decisions?
The type of system where the government makes no economic decisions is known as a free-market economy. In this system, economic decisions are driven by individual choices and market forces, such as supply and demand. Businesses and consumers operate with minimal government intervention, allowing for competition and innovation. This approach promotes efficiency and consumer choice but can also lead to inequalities and market failures.
