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what is market in economics
An economic system in which economic decisions and the pricing of goods and services are guided solely by the aggregate interactions of a country's citizens and businesses and there is little government intervention or central planning. [ This is the opposite of a centrally planned economy, in which government decisions drive most aspects of a country's economic activity. Read more: ]
Expert answered|selymi|Points 8092|
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Asked 4/25/2012 8:01:19 AM
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