Market Economy Definition

noun
An economy in which prices, the supply of goods, etc. are determined by buyers and sellers carrying on business dealings with a relatively high degree of freedom.
Webster's New World
An economy that operates by voluntary exchange in a free market and is not planned or controlled by a central authority; a capitalistic economy.
American Heritage
Synonyms:
Antonyms:
  • non-market economy

Other Word Forms of Market Economy

Noun

Singular:
market economy
Plural:
market economies

Market Economy Sentence Examples

  • What we have is complete consensus on an unbridled free market economy.

  • We are shaping a socialist market economy and introducing strategic readjustments to the economic structure.

  • The unique business practices which grew out of this successfully operated within a social market economy for several decades.

  • The Bank used the meetings to celebrate the fact that the transition to a functioning market economy has largely been achieved in Central Europe.

  • These changes have produced a global market economy dominated by a handful of corporations and a financial system beyond the reach of nation-state governments.

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Words Starting With

MMAMAR

Words Ending With

YMYOMY

Unscrambles

market economy

Words Starting With M and Ending With Y

Starts With M & Ends With YStarts With MA & Ends With YStarts With M & Ends With MY

Word Length

14 Letter Words14 Letter Words Starting With M14 Letter Words Ending With Y