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  • What is Marketing Economy?DateTue May 02, 2017 4:03 pm
    Topic by Freya James. Forum: Market Section

    A Market Economy is when an organization decided that which services and good should be produced and how much it should be charged in the market that is what called marketing economy. They figure out the demand and supply of the market. So, let’s just take an example of KFC they determine how many burgers they must make and what cost they should charge in the market. This happens in all the big firms. a market economy can be defined by best assignment help taken through government help to determine the good that should be produce and how should they charged. This happened all over USSR they called it the Gosplans.

    Well if we come to reality there is no such things as pure market the whole market is control and should be called command market. Many people of UK believe that their market is economical but it’s not it’s more like control market which is control totally by the government and they made it economical for us.

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