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Market Forces

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About 1 pages (41 words)
Market Forces Summary

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Routledge Dictionary of Economics, Second Edition

market forces (L1)

1 Demand for and supply of FACTORS OF PRODUCTION and the goods and services produced by them.

2 The determinants of prices, investment and output in competitive markets.

3 The system of allocation which is the alternative to ECONOMIC PLANNING.

This is the complete article, containing 41 words (approx. 1 page at 300 words per page).

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Market Forces from Routledge Dictionary of Economics, Second Edition. ISBN: 0-203-00054-4. Published: 2005–06–05. ©2009 Taylor and Francis. All rights reserved.



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