Market economy has a common associated titled named capitalism. Owners of their resources have the rights to produce and trade. There is limited government involvement, which is good because if there was no Gov. there would be no taxes on economic activities or government regulation of economic activities at all. Supply and demand are what make the prices go up. Some advantages are: markets give producers
Market economy has a common associated titled named capitalism. Owners of their resources have the rights to produce and trade. There is limited government involvement, which is good because if there was no Gov. there would be no taxes on economic activities or government regulation of economic activities at all. Supply and demand are what make the prices go up. Some advantages are: markets give producers