Examlex
________ turned painting in a new direction,one that led to the Renaissance.
Market Economy
An economic system where supply and demand from consumers drive the production of goods and services, with minimal government intervention.
Supply And Demand
Basic economic concept that describes the balance between the availability of a product or service and the desire (demand) for it.
Free Enterprise System
An economic system where private businesses operate in competition, largely free of state control, with limited government intervention.
Market System
An economic system in which decisions regarding investment, production, and distribution are guided by the price signals created by the forces of supply and demand.
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