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the market economies auction system is what also helps set good prices for their resources.

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most market economies are actually mixed economies.

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Is protected by the constitution

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the more successful you are the more chances you get to invest with high rank companies

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If you're the most productive and functioning company then you will get payed more.

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It develops from a traditional economy.

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competition is what makes it so efficient and innovative....

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it functions under the law of supply and demand

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It's hard to your rank and your customers, resources, and money because, as I said before companies are always making new resources and so your customers might switch preferences.

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It's easier to gain the best resources and goods when you have a stronger base from when you start which is usually easy when you have parents that now business and are towards the wealthier side or when you have some type of social media in which quite a good number of people already know you.

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It mostly helps people who have more money and that are medium or high status and leaves out the poorer people because, that is the only way to make more money and fame.

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So, as I just described the business would have to decide whether or not to also take in consideration the people that are in a lower status with no money etc. (which isn't very likely)

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Another thing is that many things can only be acquired or afforded by people with more money because of the demand and prices.

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it doesn't guarantee you a bright future in which you're living the dream-like wealthy life because, your family may not be able to afford the resources you'd need to progress with your research like you'd want too.

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there're people that take care of the disabled people but they only help with everyday things and so, it's still hard for the people to keep up with all the competition.

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It is a very competitive society and so, this competitiveness can give a big disadvantage to kids, older people, and people with mental and/or physical disabilities.

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It opens the doors for new and innovative things that can help your business because, it can attract many customers which means more money that equals wealth.

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It gives you freedom to choose any product as long as you can afford it

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if the price of of a resource is high then that means the supply was quite low but the demand for it was high.

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Market economy works by Supply and Demand which is what decides the price of an object or resource.

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the amount of competition is what makes this system efficient because, the businesses with fewer costs make more money.

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large varieties of resources and goods are available because, every company tries to be unique and different as in they want to be able to create new things .

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It is a limited gov. so, it insures that no is controlling the markets and that everyone has access to all the info equally.

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it guarantees that the most preferred resources are made and that customers are willing to pay.