occasional instability of employment and price levels.
Chat with our AI personalities
market economies are found in democratic forms of government
There are several countries that have a market based economies. France and England are two countries that have this type of economy.
Money makes is hard to determine what needs and wants people can afford. The government has difficulty intervening in market economies because financial situation vary greatly.
They are not extensively industrialized. Their economies rely heavily on exports.
The European Common market sought to encourage trade between several nations, especially member nations.