Market-oriented economy

From CNM Wiki
Revision as of 04:24, 30 May 2020 by Kevmwangi (talk | contribs) (Created page with "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 ...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

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.

Related lectures