Economics GCSE
Market interactions
What Market interactions means in Economics GCSE, as defined for AQA.
Definition of Market interactions
Check what you remember
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Reference: AQA
The constant interaction of consumers, producers and the government in markets, making decisions that collectively determine how scarce resources are allocated.
Topics that use Market interactions
- Economic activity (AQA GCSE)
Related terms
- Basic economic problem
- Circular flow of income
- Consumers
- Distribution of wealth and income
- Economic agents
- Economic welfare
- Goods
- Government
Using Market interactions in the exam
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