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Classical Economics is an economic theory that focuses on the role of supply and demand in determining prices and output in a free market. It is based on the idea that the market is self-regulating and that prices and wages are determined by the interaction of supply and demand. Classical Economics is based on the assumption that the market is efficient and that prices and wages are determined by the interaction of supply and demand. It also assumes that the economy is in equilibrium, meaning that the supply and demand for goods and services are in balance.
Classical Economics is a market-based approach to economics that emphasizes the role of the market in determining prices and output. It is based on the idea that the market is self-regulating and that prices and wages are determined by the interaction of supply and demand. It also assumes that the economy is in equilibrium, meaning that the supply and demand for goods and services are in balance.
Some companies in the Classical Economics market include Apple, Microsoft, Amazon, Walmart, and ExxonMobil. Show Less Read more
