54540
Market Liberalism
- Capitalism
- economic system - dominant
Anotações:
- formed in 18thC Europe is the dominant form of economic power
- people motivated to sell goods/services
- in order to exchange for a profit
- in order to exchange for a profit
- Free Market
- Open market
- regilated by supply and
demand
- competition ensures price +
quality are controlled
- made up of
workers who
sell their labour
- regilated by supply and
demand
- Open market
- economic system - dominant
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