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Question
in a market - oriented economy, individuals economic lives are said to be interrelated with many other individuals and firms; based more on production than on consumption; illegal and in violation of government rules on prices and sales; almost completely controlled by government regulation
A market-oriented economy relies on voluntary exchange between individuals and firms, creating interconnected economic activity. It balances production and consumption, is not unregulated/illegal, and has minimal government control compared to command economies.
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interrelated with many other individuals and firms