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Definition of Market Economy

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					DEFINITION OF MARKET ECONOMY

Market Economy -- The national economy of a country that relies on market forces to
determine levels of production, consumption, investment, and savings without
government intervention.


Market Economy -- An economic system where resources are allocated and
production of goods determined by market forces rather than by government decree

Market Economy - an economy that relies chiefly on market forces to allocate goods
and resources and to determine prices

				
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Ben Longjas Ben Longjas
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