Whats a market economy

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asked Oct 4, 2021 88.9k views

2 Answers

Deroccha · Answer 1 · 2021-10-05T18:38:29+0000

Answer:

market economy. An economy in which the greater part of production, distribution, and exchange is controlled by individuals and privately owned corporations rather than by the government, and in which government interference in the market is minimal.

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Adamax · Answer 2 · 2021-10-09T13:41:17+0000

Answer:

an economic system in which production and prices are determined by unrestricted competition between privately owned businesses.

Step-by-step explanation:

Whats a market economy

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