What is a market economy?

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asked Dec 24, 2019 138k views

2 Answers

AndreyNik · Answer 1 · 2019-12-27T11:48:00+0000

I’m working economy is the basis of the capitalist system the opposite of a market economy is one that is heavily regulated or controlled by the government most notably is socialist working minimalist country

Vladzam · Answer 2 · 2019-12-29T18:38:02+0000

A market economy is an economic system in which the decisions regarding investment, production, and distribution are guided by the price signals created by the forces of supply and demand.

What is a market economy?

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