Difference between revisions of "Market-oriented economy"
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| − | [[Market oriented economy]] is an [[economy]] in which most economic decisions are made by buyers and sellers, who may be individuals or firms. | + | [[Market-oriented economy]] (alternatively spelled, [[market oriented economy]]) is an [[economy]] in which most economic decisions are made by buyers and sellers, who may be individuals or firms. |
==Definition== | ==Definition== | ||
| − | According to [[Principles of Economics by Timothy Taylor (3rd edition)]] | + | According to [[Principles of Economics by Timothy Taylor (3rd edition)]], |
| − | + | :[[Market-oriented economy]]. An [[economy]] in which most economic decisions are made by buyers and sellers, who may be individuals or firms. | |
| − | + | [[Category: Economics]][[Category: Articles]] | |
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Latest revision as of 20:17, 30 May 2020
Market-oriented economy (alternatively spelled, market oriented economy) is an economy in which most economic decisions are made by buyers and sellers, who may be individuals or firms.
Definition
According to Principles of Economics by Timothy Taylor (3rd edition),
- Market-oriented economy. An economy in which most economic decisions are made by buyers and sellers, who may be individuals or firms.
