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In a market economy the money incomes of individuals depend primarily upon?
In a market economy, the money incomes of individuals depend primarily upon
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 economy?
Poverty exists in a free market economy because people can choose how to make their money.
How are decisions made in a market economy?
The decisions are made in a market economy by considerations of various factors. The output level of an economy is the main considerations as well as the income level of the region.
What is the money market used for?
The money market is used for one to invest money to make more money. The money market is what helps the economy to grow and prosper by one being interested to invest one's income.
A weak stock market is a?
A weak stock market occurs when businesses lose money due to low consumerism, due to a slowed economy. This economy is nicknamed a BEAR economy.
Who created market economy?
government and people created market economy . Because government decide the market price . But sometimes people make their own market prices to get more money.
In a free market economy decisions are made according to the laws of .?
According to free market laws are made based on producers of goods and services in a free market. In a free economy government has very little market intervention.
What is a key principle of a market economy?
Make as much money as possible.
What is the driving force behind the circular flow of the market economy?
Money
What are surplus goods?
Surplus goods refers to the profit made in an economy, these goods could be any number of things eg money, resources .... Surplus goods are the result of an efficient economy usually one that is a free market economy
Where are most money market transactions made?
Most money market transactions are made in marketable securities.
