The market economy

The market economy
In the market economy that the production activity that was done by each producer not to be used personally, but to be sold to the market. The economy of the pure market was one organisation kind of economics where not having the government interference to decide the level size of the production in various economic activities. The number and the thing kind that will be produced in the economy fully were determined by situations that were valid in the market, or according to the term that often was used in the analysis of economics, was determined by the mechanism of the market. In the economy of the market, factor-factor the production and the wealth were controlled by private enterprise that was had by the individual or private enterprise's bodies. In this system then really was open the freedom and the competition.