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In a market economy income is primarily determined by?
the quantities and prices of the resources that households supply.
How did the command economy under Stalin differ from a capatalist economy?
A command economy is a system where the government controls economic activity and the production and distribution of goods. In a capitalist economy, such things are determined by market forces.
What is a market economy based on?
A market economy is an economy in which decisions regarding investment, production and distribution are based on market determined supply and demand. Prices of goods and services are determined in a free priced system
In what form of economy do consumers help to determine the distribution of goods?
Market Economy
Is England an planned economy?
No, the UK is a Market economy. A market economy is one in which in which the prices of goods and services are determined by supply and demand.
In a market economy income is primarily determined by?
the quantities and prices of the resources that households supply.
How did the command economy under Stalin differ from a capatalist economy?
A command economy is a system where the government controls economic activity and the production and distribution of goods. In a capitalist economy, such things are determined by market forces.
What is a market economy based on?
A market economy is an economy in which decisions regarding investment, production and distribution are based on market determined supply and demand. Prices of goods and services are determined in a free priced system
In a market economy the money incomes of individuals depend primarily upon?
In a market economy, the money incomes of individuals depend primarily upon
In what form of economy do consumers help to determine the distribution of goods?
Market Economy
Is England an planned economy?
No, the UK is a Market economy. A market economy is one in which in which the prices of goods and services are determined by supply and demand.
In a pure market exonomy the for whom or distrubution question is largely anawer by who-?
In the pure economy the for whom or distribution question is usually largely answered by the market.
How price are determined in a competitive market?
based on economy
What are the components of a free market economy?
A free market economy is a market based one. The prices of goods and services are determined independently in a free market.
Consumers help to determine the distribution of goods.?
Market economy (A+)
Is Russia primarily a traditional or command or market or mixed economy?
command economy
What is Egypt's economic systems?
Primarily a free market economy with some state control.
