0
What kinds of things can people choose to do or make in a market economy?
Wiki User
∙ 9y ago
black and white people
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
What happens if economy falls?
Many things happen. People loss their jobs, stock market falls, and people aren't willing to buy things so its pretty rough
What is a trade-based economy called?
An economy based on trade is generally termed a market economy by those who study these things.
In a market economy why do firms usually offer a variety of products and types of products for sale?
Different people like different things...
Why does even a free market economy need some government intervention?
Even a free market economy needs government intervention to provide for things that the marketplace does not address.
What are 2 good things and 2 bad things about free enterprise system and market economy system?
i dink about this
Eamples of a market economy?
economychina is an example of market economy because people sale things freely government does not tell sellers how much to charge
What does market economies mean?
it is when the people who live somewhere were they have a market economy they are allowed to set prices and things within the market business, government doesn't have a say with what they do and their business`
What happens if economy falls?
Many things happen. People loss their jobs, stock market falls, and people aren't willing to buy things so its pretty rough
What is a trade-based economy called?
An economy based on trade is generally termed a market economy by those who study these things.
How did the people in New England Colonies belong to a free market economic system?
An economy that operates by voluntary exchange in a free market and is not planned or controlled by a central authority; a capitalistic economy.They sold their own things ; Anything. A free market is a market where it is "free" to sell your own items
In a market economy why do firms usually offer a variety of products and types of products for sale?
Different people like different things...
Why does even a free market economy need some government intervention?
Even a free market economy needs government intervention to provide for things that the marketplace does not address.
What are good things about a market economy?
invisible hand, competition, no monopolies, etc
What are 2 good things and 2 bad things about free enterprise system and market economy system?
i dink about this
How did people in the New England belong to a free market Economic system?
An economy that operates by voluntary exchange in a free market and is not planned or controlled by a central authority; a capitalistic economy.They sold their own things ; Anything. A free market is a market where it is "free" to sell your own items
Why was trade important in Egypt?
it was so important so you can get new things and not stick with old things
How does distribution effect market economy?
Distribution effects market economies because they will have to deal with scarcity, and with scarcity, they cant have as many things. The distribution will allow a widespread of things to occur.
