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A market economy with many producers
In a free-market economy, private individuals or groups are in control
The Market or if you want a "who", consumers and producers.
Free-market economy
Coercion
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.
A market economy with many producers
In a free-market economy, private individuals or groups are in control
The Market or if you want a "who", consumers and producers.
Free-market economy
A market economy with many producers
market
Coercion
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.
Command economy: Government planners. Free-market system: Costumers and producers. Mixed economy: Government officials and producers
competween producers helps keep prices down in this type of economy?
Coercion