asked 35.2k views
1 vote
Define a market economy

1 Answer

2 votes

Answer:

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

answered
User Fengzmg
by
8.1k points

No related questions found

Welcome to Qamnty β€” a place to ask, share, and grow together. Join our community and get real answers from real people.