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7 April, 00:37

Describe a free market economy

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  1. 7 April, 00:43
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    DescriptionA market economy is an economic system in which the decisions regarding investment, production and distribution are guided by the price signals created by the forces of supply and demand.
  2. 7 April, 01:05
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    soviet russia

    Step-by-step explanation:

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    The free market is an economic system based on supply and demand with little or no government control ... Based on its political and legal rules, a country's free market economy may range between very large or entirely black market

    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
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