When prices determine how social interactions between people are formed it is known as ______.

Question

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Prices in a market economy determine how goods and services are allocated, as well as how individuals interact with one another in terms of buying and selling. This is known as market control. Clan control pertains to social norms and traditions within a particular group or family. Performance ambiguity refers to a lack of clarity or understanding about what is expected or required in a particular role or task. Bureaucratic control involves rules and regulations implemented by a governing authority.

When Prices Determine How Social Interactions Between People Are Formed