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3 August, 19:45

Who decides how output will be distributed in a market economy?

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  1. 3 August, 20:54
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    In a market economy, the wants of the consumers and the profit motive of the producers will decide what will be produced. A. K. A. Free-enterprise, Laisse - faire & capitalism. Labor (the workers) and management (the bosses/owners) together will determine how goods will be produced in a market economy.
  2. 3 August, 22:27
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    the producers
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