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What will most efficiently provide products?
A market economy with many producers
Who makes the economic decisions in a market economy?
The Market or if you want a "who", consumers and producers.
Who is in control in a market economy?
In a free-market economy, private individuals or groups are in control
Which economic systems leaves production decisions completely up to the producers?
Free-market economy
Which most strongly drives producers in a free-market economy?
Coercion
What will most efficiently provide products?
A market economy with many producers
What is the name of economy with producers freedom?
The type of economy that offers producers freedom is a market system. Individuals control production. A country that uses this type of system is Chile.
Who is in control in a market economy?
In a free-market economy, private individuals or groups are in control
Who makes the economic decisions in a market economy?
The Market or if you want a "who", consumers and producers.
What will efficiently provide products?
A market economy with many producers
Which economic systems leaves production decisions completely up to the producers?
Free-market economy
What type of economy is driven by producers responding to consumer preferences?
market
Which most strongly drives producers in a free-market economy?
Coercion
Competition among producers helps keep prices down in this type of economy?
In a market economy, the competition between producers helps keep the prices down. This is an economic practice that is based solely on supply and demand.
Match the economic system with the players who are responsible for the important economic decisions.?
Command economy: Government planners. Free-market system: Costumers and producers. Mixed economy: Government officials and producers
Competition between producers help keep prices down in this type of economy?
competween producers helps keep prices down in this type of economy?
In a market economy the production questions are determined by?
Interaction between producers and consumers
