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Q: What are the three major groups that make up the economy?
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Continue Learning about Economics

What type of economy does individuals and private groups make decisions about what to produce?

Market economy


Which two key groups make up a free economy?

i do


Which groups make up free market economy?

business owners and consumers


Which two key groups make up a free market economy?

household and firms


What groups of players make all of the economic in a free market system?

The consumers make all decisions in a free market economy