Market economy

By Jamar ponder

Market econmy

A market is one of the society's economic decisions are made by Individuals who decide what to produce and what to buy. In a market economy, consumers are in charge and make economic decision by spending money on goods and service they need what. They need national and state government paly a minor role. Consumers and their buying decision drive economy. The assumptions of the market play a major role in deciding the right path for a country's economic development.

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