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  • 06-06-2020
  • Social Studies
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How does a market economy work?

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Marinettefan1
Marinettefan1 Marinettefan1
  • 06-06-2020

Answer:

A market economy is a system where the laws of supply and demand direct the production of goods and services

Demand includes purchases by consumers, businesses, and the government. Businesses sell their wares at the highest price consumers will pay.

Explanation:

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