Ask Question
10 January, 11:25

A country would most likely adopt a market economy if it wanted to

+2
Answers (1)
  1. 10 January, 11:32
    0
    Make sure prices of goods and services are set by supply and demand.

    Explanation:

    The economies of the United States and other countries, such as Japan, are based on capitalism ... Decisions regarding investment and the use of the means of production are determined by competing business owners in the marketplace. Production takes place within the process of capital accumulation.

    Countries that have a market economy are Mexico, United States, United Kingdom, Germany, and Canada. These countries have a market economy because the prices of goods and services are set by supply and demand.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A country would most likely adopt a market economy if it wanted to ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers