Market economy

From ACT Wiki
Revision as of 16:48, 28 January 2020 by imported>Doug Williamson (Create the page: Source; https://financial-dictionary.thefreedictionary.com/Market-based+economy.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

Economics.

A social and economic system in which prices are fixed by the law of supply and demand rather than by government or other body.


See also