Market mechanisms

Definition

The influence of buying, selling, prices and profit on decisions about what to produce and how to produce it.

Used by OCR

Paper 1

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GCSE History · key term

The influence of buying, selling, prices and profit on decisions about what to produce and how to produce it.

Used by OCR

Paper 1

Create a free account to read GCSE History revision notes for your exam board and track your progress.