Marketing Economy by Keaton Lemos https://padlet.com/8414676/6awv2mu8c7px en-us 2018-02-02 20:34:32 UTC 2018-02-06 20:26:39 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Growing.png 8414676 https://padlet.com/8414676/6awv2mu8c7px/wish/227673655                                        Marketing Economy]]> 2018-02-02 20:36:19 UTC https://padlet.com/8414676/6awv2mu8c7px/wish/227673655 By : 8414676 https://padlet.com/8414676/6awv2mu8c7px/wish/227674330 Keaton L.,David I., and Jayden E.]]> 2018-02-02 20:39:03 UTC https://padlet.com/8414676/6awv2mu8c7px/wish/227674330 Defintion 8414676 https://padlet.com/8414676/6awv2mu8c7px/wish/227674465 A market economy is an economic system in which decisions and the pricing of goods and services are guided solely by the aggregate interactions of a country's individual citizens and businesses. ]]> 2018-02-02 20:39:35 UTC https://padlet.com/8414676/6awv2mu8c7px/wish/227674465 Four Countries 8414676 https://padlet.com/8414676/6awv2mu8c7px/wish/227674535 Mexico, U.S.A, Great Britain(U.K), and Germany]]> 2018-02-02 20:39:54 UTC https://padlet.com/8414676/6awv2mu8c7px/wish/227674535 Advantages 8414676 https://padlet.com/8414676/6awv2mu8c7px/wish/227674954
  • A large variety of goods and services are available as business try to differentiate themselves from every one else in the market.   
  • Freedom of individual choice is possible to the extent that the market,provides options for work, developing a business, and purchasing goods and services.
  • As companies grow because of the market economy, foreign investors will begin to take an interest and help expand your company

    • ]]>     2018-02-02 20:41:40 UTC https://padlet.com/8414676/6awv2mu8c7px/wish/227674954     Disadvantages 8414676 https://padlet.com/8414676/6awv2mu8c7px/wish/227678236
  • Having the market economy system will lead to periods of economic crisis.
  • Goods will be mass produced and therefore the cost will be driven lower.
  • Due to overproduction, there will be no production or profit for the manufacturer until they drop the price. 
    • ]]>     2018-02-02 20:54:24 UTC https://padlet.com/8414676/6awv2mu8c7px/wish/227678236     Video of market economy 8414676 https://padlet.com/8414676/6awv2mu8c7px/wish/227681337 2018-02-02 21:07:48 UTC https://padlet.com/8414676/6awv2mu8c7px/wish/227681337 Pictures 8414676 https://padlet.com/8414676/6awv2mu8c7px/wish/227681581 2018-02-02 21:09:10 UTC https://padlet.com/8414676/6awv2mu8c7px/wish/227681581 Summmary 8414676 https://padlet.com/8414676/6awv2mu8c7px/wish/227681823  Jayden E., David I. and me (Keaton L.) would want to live/work in a market economy because the people get to make the decisions and the pricing of the goods. We also get the freedom of individual choice, develop a own business, and provide options for work. Also foreigners will begin to invest due to you are expanding your company. For all of those reasons we would like to work and or live in a market economy.]]> 2018-02-02 21:10:42 UTC https://padlet.com/8414676/6awv2mu8c7px/wish/227681823 Pictures 8414676 https://padlet.com/8414676/6awv2mu8c7px/wish/227741418 2018-02-03 12:59:37 UTC https://padlet.com/8414676/6awv2mu8c7px/wish/227741418