Market economy/Definition: Difference between revisions

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(Created page with "<noinclude>{{Subpages}}</noinclude> An economic system in which all decisions concerning the production and distribution of goods and [[services (econom...")
 
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A definition or brief description of Market economy.

An economic system in which all decisions concerning the production and distribution of goods and services other than those concerning public goods are the result of transactions among private sector buyers and sellers.