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🗳️ap comparative government and politics review

Market economy in AP Comparative Government and Politics

Written by the Fiveable Content Team
Verified for the 2027 exam
Verified for the 2027 exam•Written by the 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.

AP course connection

Topic 1.7: 1.7 Federal and Unitary Systems

Unit 1

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