Market Economy
"EVERY MAN FOR THEMSELVES"
What's Market Economy ?
People and businesses act in their own best interests to answer the three basic economic questions
Three basics are:
1. What is to be produced?
2. How are the goods to be produced?
3. For whom are the goods produced for.
Three basics are:
1. What is to be produced?
2. How are the goods to be produced?
3. For whom are the goods produced for.
Popular product "remake"
Same soda new can... makes people want to buy