Question

Who is primarily responsible for making economic decisions in a market economy?

Answer 1

Private individuals and businesses

Step-by-step explanation:

Market economic systems are characterized by the unregulated exchange of goods and services. In this type of system, private individuals and businesses own and operate the means of production. They are free to decide what to produce. They can also set prices.

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Answer 2

individual consumers and private businesses which produce goods and services

Step-by-step explanation:

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