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Snap&Get Blog

Without “water” and advertising – only practical knowledge, real cases and working tools

MarketingMarketing
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Economy

Market economy: principles and features

A market economy is a system in which decisions about the production, distribution and consumption of goods and services are based on free markets and individual decisions of participants. This concept of economics enables individuals and firms to make their own decisions about what to produce, how to produce, and for whom to produce.