Northwest Arkansas is a metropolitan area with a rapidly growing population of over 500,000 residents in the principal municipalities of Fayetteville, Springdale, Rogers, Bentonville, and Siloam Springs. A GLOBAL CENTER OF EXCELLENCE IN RETAIL, FOOD, AND LOGISTICS.
A market economy is an economic system in which individuals own most of the resources - land, labor, and capital - and control their use through voluntary decisions made in the marketplace. It is a system in which the government plays a small role. In this type of economy, two forces - self-interest and competition - play a very important role.
A market economy is an economy in which decisions regarding investment, production, and distribution are based on supply and demand, and prices of goods and services are determined in a free price system.he term free-market economy is sometimes used synonymously with market economy, but it may also refer to laissez-faire or free-market anarchism. Market economies do not logically presuppose the existence of private property in the means of production.