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pati6erbiatea
pati6erbiatea pati6erbiatea
  • 16-06-2016
  • History
Answered

How is mercantilism different than a market economy?

Verified Answer :

poptartghost
poptartghost poptartghost
  • 27-06-2016

In mercantilism, the government decide the pricing of the consumer.
In a market economy, an economy is which decisions regarding investment, production, and distribution are based on market determined supply and demand.

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