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The decisions are made in a market economy by considerations of various factors. The output level of an economy is the main considerations as well as the income level of the region.
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Earn +20 ptsQ: Who makes decisions in a market economy?
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Continue Learning about American Government
An economy in which only the government makes economic decisions is a?
Centrally Planned Economy
System in which the central government makes all decisions on the production and consumption of goods and services?
mixed economy
Match the following actions with the system in which the government performs them.?
Free-market system - Protecting property rights. Socialism - Providing equality of wealth. Planned economy - Making production decisions.
Who created market economy?
government and people created market economy . Because government decide the market price . But sometimes people make their own market prices to get more money.
Type ofeconomic system where government makes all the decisions?
republic
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