Supply and demand influences the economic decisions of businesses and individuals.
No, true market economy is purely theoretical, it never excised. US used mixed economy
voluntary
true
he global economy has a direct impact on the job market
The economy of Romania was practically destroyed after 1990.
No, true market economy is purely theoretical, it never excised. US used mixed economy
voluntary
true
voluntary
he global economy has a direct impact on the job market
True
The economy of Romania was practically destroyed after 1990.
Market Economy.
the best example of a MIXED ECONOMY is the market economy and a command 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.
A true free market system comprises buyers and sellers who are fully informed but also have no individual control over price. There is no such thing as a true free market economy anywhere in the world.
Because by definition, true free market has no government control or regulation and true planned economy has no place for interaction between the firms when government regulation defines the economy. In all economy (except for maybe North Korea), both government and the market holds stake in the economic activities of the economy hence nearly all economies are mixed