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What groups of players make all of the economic in a free market system?
The consumers make all decisions in a free market economy
Which groups make up free market economy?
business owners and consumers
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 type of economy does individuals and private groups make decisions about what to produce?
Market economy
In what economy do individuals make their own decisions?
Free market economy
What groups of players make all of the economic in a free market system?
The consumers make all decisions in a free market economy
Which groups make up free market economy?
business owners and consumers
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 type of economy does individuals and private groups make decisions about what to produce?
Market economy
In what economy do individuals make their own decisions?
Free market economy
Why does poverty exist in a free market economy?
Poverty exists in a free market economy because people can choose how to make their money.
Which two key groups make up a free economy?
i do
Characteristics of free market economy?
free market economy is an economy ruled by the people, not the government. individuals make decisions about their employment, how to use or accumulate money what to buy and to save money or spend it.
Why does poverty exist in a free market?
Poverty exists in a free market economy because people can choose how to make their money.
What is pure free market economy?
A pure market economy is a perfect scenario in which both producers and consumers are at liberty to make economic decisions that suit them. This type of economy is only known to exist in theory.
Why was New England able to develop a free market economy?
the dumb guys had to make money!
Why would a completely free market economy would not be a practical one for any major country?
A free market economy is an economy in which all markets within it are unregulated by any parties other than those in the market. It limits the government's intervention. If it was completely free than the government would have less intervention and would make the economy much more sensitive and vulnerable.
