what drives the market economy?? typical industries, jobs, businiesses?

Answer 1

You ask a very good question, and one that has several answers.

One approach is to look at what drives production of goods and services in the U.S., it is mainly technology. The labor force does not grow very fast, and the amount of capital (machinery and equipment) grows only a little faster.

So, it is increases in education of workers and their ability to do things better and faster is what drives the economy.

Answer 2

Keeping up with the Jones's.

The mindset of the people to SHOW success with things is the driving force behind the markets, industries and all other economic events. We just had a large merger in the poultry industry (main economy of where we live). Now they've moved from #3 to #2 in the industry for market share. Instead of the one that just bought out the other one reorganizing to notice their producers are losing money left and right, they seem to be focussing on proving they can be the #1 top dog of the industry by competing iwth the current #1 in total assets. It's ego. It's one-up-ness. It's certainly not quality and substance. They are letting their growers fall into a sinking pit of debt, not raising their pay in 3 years while every utility bill we have has increased 200-300% in the last 2 years. This is a single example of what is going on everywhere. Consider the oil companies with their massive record profits while the rest of the world experienced a huge slump in their bottom line while paying transportation cost increases for Exxon's record profits.

Answer 3

You question is really vague, so I'm going to give you a general answer. The market is movied by supply and demand. People demand conumables and poeple supply them. It is as simple as that.

Answer 4

private property and self interest. the types of businesses, jobs, and industries is irrelevant. america has all types from manufacturing to service sector firms, whereas smaller nations like qatar try to specialize in energy or finance.