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What are the interest of consumers in the free market economy?
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∙ 12y ago
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∙ 12y ago
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What is the role of households in a free market economy?
households are important role in free market economy. they only called as customers and consumers in the free market economy so they involved goods purchase and selling activities..
What role does self-interest playin a free market economy?
It is the motivating force in the free market
Which groups make up free market economy?
business owners and consumers
What is the Role of the households in the economy?
households are important role in free market economy. they only called as customers and consumers in the free market economy so they involved goods purchase and selling activities..
What groups of players make all of the economic in a free market system?
The consumers make all decisions in a free market economy
What is the role of households in a free market economy?
households are important role in free market economy. they only called as customers and consumers in the free market economy so they involved goods purchase and selling activities..
What role does self-interest playin a free market economy?
It is the motivating force in the free market
Which groups make up free market economy?
business owners and consumers
What is the Role of the households in the economy?
households are important role in free market economy. they only called as customers and consumers in the free market economy so they involved goods purchase and selling activities..
What groups of players make all of the economic in a free market system?
The consumers make all decisions in a free market economy
Why is capitalism called a free-market economy?
Producers are compete freely for consumers' business.
What is one of the principles of a free market?
The government must prevent consumers from being coerced.
What groups of players make all the economic decisioins in a free-market system?
The consumers make all decisions in a free market economy
You live in an economy with a circular flow of influences and inputs between producers and consumers What kind of economy do you live in?
A. Free market
What ''invisible hand'' regulates the free market economy?
competition and self-interest
What invisible hand regulates the free-market economy?
competition and self interest
What economic systems leaves production decisions completely up to the producers?
free-market economy
