Geography, 21.04.2021 17:30 jholland03
How can one best describe the economy operating under a free market system?
Prices change according to changes in the supply of and demand for products.
Prices are fixed by agreements among business leaders and labor unions.
The government sets the prices of products and the quantity of goods.
All industries except smaller businesses are controlled by the government.
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How can one best describe the economy operating under a free market system?
Prices change accordin...
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