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An increase in trade and aided the growth of market economy
What else can I help you with?
How does the market economy work?
An increase in trade and aided the growth of market economy
Why must private ownership of property be guaranteed before a free market economy will work?
Private ownership of property is essential to a free market economy. Without private ownership of property a free market economy cannot exist.
Why is the market economy called a participatory economy?
Because it's based on the economic model where participation is necessary for it to work. IE: If you don't participate, there is no 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.
What motivates people to work in a market economy?
In a market economy, people are motivated to work by self interest. In a command economy, such as that of North Korea, people are motivated by some combination of patriotism and fear. In a utopian community they might be motivated by idealism. Those are pretty much the only options.
How does the market economy work?
An increase in trade and aided the growth of market economy
Is Israel a market economey?
Israel does not have the best economy and it does need a little work... but what economy doesn't
How does Brazil's economy work?
Global Market , Capitalism oriented
Why must private ownership of property be guaranteed before a free market economy will work?
Private ownership of property is essential to a free market economy. Without private ownership of property a free market economy cannot exist.
What is Bolivia economy?
Market Economy.
Why is the market economy called a participatory economy?
Because it's based on the economic model where participation is necessary for it to work. IE: If you don't participate, there is no 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.
What motivates people to work in a market economy?
In a market economy, people are motivated to work by self interest. In a command economy, such as that of North Korea, people are motivated by some combination of patriotism and fear. In a utopian community they might be motivated by idealism. Those are pretty much the only options.
What are the three types of economy?
Command economy, market economy, and traditional economy. The United States of America is a Market economy.
Does China have a market economy?
No, china does not have a market economy!
Does Algeria have a market economy?
yes, it has a market economy.
What does a market economy encourages?
market economy encoursae
