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Published on Dec 15, 2015

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1.

MARKET ECONOMY

BRYANT DAILEY & KIRA DORWARD
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2.

Market Economy- an economy where the producers and consumers answer the 3 economic questions.
1.What to produce?
2.How to produce?
3. For whom to produce?

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3.

The United States is somewhat considered to be a market economy. It is a mixed economy but is mostly market.

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4.

ADVANTAGES

  • Growth
  • Competition
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5.

DISADVANTAGES

  • Not everyone gets what they want
  • No safety net/protection
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Bryant Dailey