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Sagot :
A traditional means of dividing the spoils of the hunt ensured all people got enough food, even though first choice of the meat cuts went to the hunters who killed the animal.
Scarcity can be alleviated by increasing supply. The greater the availability of goods and services to all, the less scarcity there will be. Of course, increased supply is constrained by factors such as production capacity.
A market economy is a type of economic system in which supply and demand, rather than government intervention, regulate the economy. A true free market economy is one in which individuals own all resources.
To know more about market economy here
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