Understanding the market economy: fundamentals and benefits

A market economy, also known as a free-market or capitalist economy, is an economic system where the forces of supply and demand dictate the production, pricing, and distribution of goods …

The Market Economy: A Pillar of Modern Prosperity

A market economy, characterized by the free interplay of supply and demand with minimal government intervention, is one of the fundamental models driving modern economic systems. In a market economy, …