Mercat economy

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A mercat economy is an economy in which decisions regardin investment, production an distribution are based on supply an demand,[1] an prices o guids an services are determined in a free price seestem.[2]

References[eedit | eedit soorce]

  1. Gregory and Stuart, Paul and Robert (2004). Comparing Economic Systems in the Twenty-First Century, Seventh Edition. George Hoffman. p. 538. ISBN 0-618-26181-8. Market Economy: Economy in which fundamentals of supply also demand provide signals regarding resource utilization.
  2. Altvater, E. (1993). The Future of the Market: An Essay on the Regulation of Money and Nature After the Collapse of "Actually Existing Socialism. Verso. p. 57.