Market Economy

Market Economy:

All Factors of production are owned privately and all Economic decisions are made by the consumer. Market Economy has the least government involvement
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China Moves toward Market Economy

The Chinese president is continuing to change the Chinese economy to more market principles. On November 30, the Chinese government announced its changes for its electricity to make more competition in the marketplace... The change reinforces pressure on China to move toward a market-oriented economy
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  • Cooperative, and peaceful process
  • Choose your own work
  • Free to be investors/ Entrepreneurs
  • Free to own profits


Kennedy, Charles. "China Reshapes Energy Sector, Shifts Towards Market Economy |" N.p., n.d. Web. 07 Dec. 2015.

Ollman, Bertell. "Market Economy: Advantages and Disadvantages Market Economy: By Bertell Ollman Nanjing, China—." Market Economy: Advantages and Disadvantages