Who decides what goods and services will be produced in a market economy?

1 answer

Answer

1276318

2026-03-27 03:35

+ Follow

In a market economy, it is the producer, typically influenced by the demands of the consumer, who makes decisions about what to produce. This is in contrast to a command economy where the government makes those decisions.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.