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Q: What is a market economy also know as?
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Related questions

Comment on two conditions which have to be met for a market economy to work efficiently?

I also not know


What kind of econemy is a absolute monarchy?

I would havae to say a market economy. i found an answer that said a capital economy but i needed a specific answer. a market economy is also called capatalism so thats why i say market economy. if anybody has a different answer. please correct me because i would like to know for sure.


What type of economy does Panama have?

Panama's economic system is a free-market economy.


This type of economy is also known as capitalism?

mixed economy


Which of the following is another term for a market economy?

A market economy, also widely known as a "free market economy," is one in which goods are bought and sold and prices are determined by the free market, with a minimum of external government control.


What is Bolivia economy?

Market Economy.


Is China mixed economy?

Yes, China has a mixed economy. If you don't know, this means that its economy consists of a combination of a market economy, in which there is free exchange of goods in a private market, and a planned economy that is totally controlled by a governmental entity.


How does the fluctuation of stock market results affect the economy on a daily basis?

Stock market results are tied to the economy and when economy is good the returns are usually good. Also when the economy is poor the markets usually go down. It is also found that the expectations of the investors can play a role. Right now the stock market results are down due to a poor 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.


Is Bahrains economy command or market?

a market economy


Does China have a market economy?

No, china does not have a market economy!


What does a market economy encourages?

market economy encoursae