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market economy
(redirected from Market-based economy)

   Also found in: Financial, Wikipedia 0.01 sec.
market economy
n.
An economy that operates by voluntary exchange in a free market and is not planned or controlled by a central authority; a capitalistic economy.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.market economy - an economy that relies chiefly on market forces to allocate goods and resources and to determine pricesmarket economy - an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
capitalism, capitalist economy - an economic system based on private ownership of capital
economic system, economy - the system of production and distribution and consumption
non-market economy - an economy that is not a market economy
Translations
market economy neconomia di mercato


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As a result, to be eligible for the bills benefits a country must demonstrate that it is making continual progress toward establishing the rule of law, political pluralism, the right to due process and a market-based economy that protects private property rights.
The author identifies specific elements of Chinese culture that have changed during the migration to a market-based economy and other aspects of Western culture, and also those elements that are singularly Chinese and continue to define the country's national character.
In a market-based economy system, the majority of financial power is held by the stock market and the economic mood of the area is dependent on how well or poorly the stock market is doing.
 
 
 
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