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government and people created market economy . Because government decide the market price . But sometimes people make their own market prices to get more money.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoJesus
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Who makes decisions in a market economy?
The decisions are made in a market economy by considerations of various factors. The output level of an economy is the main considerations as well as the income level of the region.
When was A Contribution to the Critique of Political Economy created?
A Contribution to the Critique of Political Economy was created in 1859.
Two countries with market based economies?
There are several countries that have a market based economies. France and England are two countries that have this type of economy.
What are the different types of economics?
There are Market, Command (AKA Planned), And Mixed. In a Market Economy (Capitalism) Governments play a minor role. Command Economy (Often associated with Socialism and Communism) All major decisions are made by the government. Mixed Economy (Can be argued that it is the American System) Draws elements of both Market and Command to varying degrees.
Consumers role in a mixed economy?
what is the role of a consumer in a mixed econmoy
The coming of Westerners did not affect the Chinese economy in which way?
Chinese Economy Effected by Westerners: ~Modern transportation and communication ~Created an export market ~Integrated the Chinese market into the world economy
What is Bolivia economy?
Market Economy.
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
Does China have a market economy?
No, china does not have a market economy!
What does a market economy encourages?
market economy encoursae
Is Greece market or command economy?
Market economy
Does Algeria have a market economy?
yes, it has a market economy.
What are the three types of economy?
Command economy, market economy, and traditional economy. The United States of America is a Market economy.
What type of economy does japan have!?
Japan has a market economy.
Is the South African economy classified as a command or market economy?
yes, South Africa is a Pure market economy
Does Nigeria have a market economy?
is nigeria a market economy, or a custom based economy, or directed.
