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Market Conditions
Various factors and influences that affect the supply and demand of products and services within a market, including competition, consumer preference, and economic environment.
Changes In Prices
Variations in the cost of goods and services over time due to factors like inflation, supply and demand, or economic policies.
Market System
A financial structure where choices about investment, production, and allocation are determined by market forces of supply and demand.
Market System
The economy operates under a system where investment decisions, production processes, and distribution plans are shaped by the principles of supply and demand, and the open market is where prices for goods and services are freely established.
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