||| Menu

Market economy

> < Market  Picture
Market Picture
left
left
    Market  Picture
    Market economy Wallpaper
    Economics middot Free Market
    Market economy stats
    Burgeoning market economy
6294
0

A market economy is economy based on the power of division of labor in which the prices of goods and services are determined in a free price system set by supply and demand.This is often contrasted with a planned economy, in which a central government determines the price of goods and services using a fixed price system. Market economies are also contrasted with mixed economy where the price system is not entirely free but under some government control or heavily regulated, which is sometimes combined with state-led economic planning that is not extensive enough to constitute a planned economy.

by servex



3-Aug-10, 8:34 am

Please leave a comment on Market economy

SWF

28-Apr-10, 1:54 pm
176 Views

Kara BThrace

28-May-10, 10:36 am
180 Views

FIFA Worldcup 2..

13-Jun-14, 2:57 pm
22 Views

Hand grenade

3-May-10, 10:50 am
652 Views

Tweeter

31-Aug-10, 12:08 pm
1205 Views

Dylan McDermott

26-Jul-10, 11:21 am
3448 Views

Vision

18-Jun-10, 6:02 am
197 Views

A Nightmare on ..

18-Jun-10, 10:15 am
211 Views

Lawn mower

11-Dec-09, 12:00 am
204 Views

Melanie Laurent

5-May-10, 10:28 am
296 Views
Top