Key term for OCR GCSE History B, used in Early Modern Britain c.1500–c.1750.
A financial system where prices and production are determined by supply and demand, with goods exchanged for currency rather than bartered.
Market economy appears in OCR GCSE History B revision content for The People’s Health (c.1250–Present), especially Early Modern Britain c.1500–c.1750 and Change overview.
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