Coercion
Snns
Coercion
Prices, Demand, Personal Preferences and Productions.
A market economy with many producers
The Market or if you want a "who", consumers and producers.
Free-market economy
Coercion
Prices, Demand, Personal Preferences and Productions.
A market economy with many producers
The Market or if you want a "who", consumers and producers.
Free-market economy
A market economy with many producers
market
In a market economy, the competition between producers helps keep the prices down. This is an economic practice that is based solely on supply and demand.
By not
Command economy: Government planners. Free-market system: Costumers and producers. Mixed economy: Government officials and producers
competween producers helps keep prices down in this type of economy?
Interaction between producers and consumers