4. Describe what a market economy is (as explained in our lecture). What do people do to
participate in a market economy? What are some examples of societal changes because of a
market economy? (Must provide at least two examples of changes) What kinds of technology
help progress the market economy? (Give at least two examples of new technologies that helped
the new economy) What are the new working styles and what consequences do we have because
of it? (Must explain what the new working style is and give at least two specific examples of
consequences from the new working style)