Difference between revisions of "Market-oriented economy"
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Revision as of 20:16, 30 May 2020
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.
