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🗳️ap comparative government and politics review

Market economy in AP Comparative Government and Politics

Verified for the 2027 exam
Verified for the 2027 exam•Fiveable Content Team

Definition

A market economy is an economic system where most economic decisions are made by individuals and businesses based on supply and demand without significant government intervention.

This definition is part of Fiveable's AP Comparative Government and Politics review, which also has guided practice questions.