A market economy is illustrated in the economy of nation A where the natural laws of economics such as supply and demand completely control the economy with no interference from government.
This refers to an economic system where two forces, known as supply and demand, direct the production of goods and services
In other word, the market economy is one where the activity in unplanned and not organized by any central authority but is instead determined by the supply and demand of goods and services.
The economy of United States, England and Japan are all examples of market economies.
Therefore, the market economy is illustrated in the economy of nation A where the natural laws of economics such as supply and demand completely control the economy with no interference from government.
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