what is an example of a market economy?

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Nature

An example of a market economy is the United States. In a market economy like the U.S., the production and pricing of goods and services are determined primarily by supply and demand through interactions between consumers and businesses, with minimal government intervention. Other examples of market economies include Germany, Canada, Japan, and the United Kingdom, where free competition, consumer choice, and innovation are key features, although some government regulation is still present to provide stability and protect consumers.