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The consumers make all decisions in a free market economy

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Related Questions

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

The consumers make all decisions in a free market economy


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

consumers and producers


What are the different economic system?

traditional economic system command economic system market economic system


What are the three different economic system?

traditional economic system command economic system market economic system


Match the economic system with the players who are responsible for the important economic decisions?

Command economy: Government planners. Free-market system: Costumers and producers. Mixed economy: Government officials and producers


Does Germany have a market or mixed economic system?

it has an market system for Germany it has an market system for Germany


How is the economic system of Puerto Rico?

the economic system is free market. I'm not sure how it is but you can look up Puerto Rico's free market economic system


What type of economic system does Turkey have?

Its a Free market economic system


What economic system do Romania presently use?

Free market economic system


What economic system does Romania have?

Now is a free market system.


What economic system is Romania currently using now?

Free market economic system


What is the definition of an Economic System?

The system of production and distribution and consumption.A.Free-market economyAn economic system where decisions are made by producers and consumers.C.Mixed economyAn economic system that uses both free-market and command principles.B.Planned economyAn economic system run by the government.