By Tom Ozimek Tesla is pressing ahead with its workforce-reduction plans, with a notice the carmaker filed with the Texas Workforce Commission showing it is slashing 2,688 jobs in Austin, the location of its headquarters and site of a major factory. The notice, which was issued under the Worker Adjustment and Retraining Notification (WARN) Act […]
Tag: Markets (economy)
A market economy is an economic system in which the decisions regarding investment, production and distribution to the consumers are guided by the price signals created by the forces of supply and demand, where all suppliers and consumers are unimpeded by price controls or restrictions on contract freedom.