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Thursday 12 March 2020

market economy?

Hermina Ketring: You did in your question...

Madlyn Fallis: A market economy is an economic system in which the production and distribution of goods and services take place through the mechanism of free markets guided by a free price system.

Bernadette Roel: "The only thing that makes money in the market ecconomy is growth, it doesn't matter what the product is, so long as it's sales or its value are increasing."

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