Market Economy by Loria, Valentina - 0825723 https://padlet.com/0825723/qh7vby86at07wg5p Valentina Loria en-us 2021-05-28 18:37:06 UTC 2025-10-28 14:56:46 UTC hello@padlet.com What it is 0825723 https://padlet.com/0825723/qh7vby86at07wg5p/wish/1569406589 Economy is the process of things being able to attain peoples wants and needs to create goods and services]]> 2021-05-28 18:39:26 UTC https://padlet.com/0825723/qh7vby86at07wg5p/wish/1569406589 Market Economy 0825723 https://padlet.com/0825723/qh7vby86at07wg5p/wish/1569431769 2021-05-28 18:49:35 UTC https://padlet.com/0825723/qh7vby86at07wg5p/wish/1569431769 Pros of Economy 0825723 https://padlet.com/0825723/qh7vby86at07wg5p/wish/1569433030 An example of a pro in economy is the growth in profit. ]]> 2021-05-28 18:50:08 UTC https://padlet.com/0825723/qh7vby86at07wg5p/wish/1569433030 Example 0825723 https://padlet.com/0825723/qh7vby86at07wg5p/wish/1569433465 Goods and services are exmples of market economy]]> 2021-05-28 18:50:18 UTC https://padlet.com/0825723/qh7vby86at07wg5p/wish/1569433465 Pros of economy 0825723 https://padlet.com/0825723/qh7vby86at07wg5p/wish/1569433653 Another is that more work = more money]]> 2021-05-28 18:50:24 UTC https://padlet.com/0825723/qh7vby86at07wg5p/wish/1569433653 freedom of choice 0825723 https://padlet.com/0825723/qh7vby86at07wg5p/wish/1569436702
owners are allowed to produce and sell and purchase goods and services that are in their competiitors market. ]]> 2021-05-28 18:51:36 UTC https://padlet.com/0825723/qh7vby86at07wg5p/wish/1569436702 Competition 0825723 https://padlet.com/0825723/qh7vby86at07wg5p/wish/1569437089 In market economy there is a lot of competition.
They work to lower prices but still maintain a good amount of profit ]]> 2021-05-28 18:51:47 UTC https://padlet.com/0825723/qh7vby86at07wg5p/wish/1569437089 private property 0825723 https://padlet.com/0825723/qh7vby86at07wg5p/wish/1569437899 goods and services are usually privately-owned. owners can make legally binding contracts to buy and sell or lease their property. Since 1865 you can't legally buy and sell an actuall human ]]> 2021-05-28 18:51:57 UTC https://padlet.com/0825723/qh7vby86at07wg5p/wish/1569437899 Cons of Economy 0825723 https://padlet.com/0825723/qh7vby86at07wg5p/wish/1569438466 1. Cons in Economy can make the person who is making the business not attend has children, elderly, or people with disabilities ]]> 2021-05-28 18:52:11 UTC https://padlet.com/0825723/qh7vby86at07wg5p/wish/1569438466