12a U.S. Economy

People won't buy things they don't want, so companies won't produce those items.

Supply and demand determines most prices without government interference.

Individuals own the means of production as well as personal items.

Government does not own the majority of resources in the U.S.A., individuals do.

Coke and Pepsi try to out-sell each other so they lowered the price of soda.

Government does not set the prices for goods and services, supply and demand does.

Rivarly leads to better products at better prices while giving us variety...

Consumers decide what will be produced based on what they buy?

Green ketchup was gross so no one bought it. Heinz stopped producing it.