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the market economy is one company or person Monopolize on exact business & controls on
the prices of the company products in all the market and for all traders.
The market economy is a free market in which individuals or organizations strive to compete, profit, and make use of existing resources in a strategic manner that increases opportunity alternatives and decreases opportunity costs.
It is an economic system which utilizes supply/demand models to establish the pricing of goods and services according to the economic decisions of the aggregate (sum) interactions of the country's people and businesses with little or no interference of government.
In other words, it is an economy that fosters a free price system in which all decisions regarding investments, or the production of goods and services and their distribution are based on a model that attempts to identify the big picture of supply and demand.
A market economy is an economy in which decisions regarding investment, production, and distribution are based on supply and demand, and prices of goods and services are determined in a free price system.
Free market system in which decisions regarding resource allocation, production, and consumption, and price levels and competition, are made by the collective actions of individuals or organizations seeking their own advantage. In all market economies, however, freedom of the markets is limited and governments intervene occasionally to encourage or dampen demand or to promote competition to ...
