market economy

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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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

market economy

The economy of a country where prices are largely determined by supply and demand and whose government has little direct control over the means of production or trade.
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
ThesaurusAntonymsRelated WordsSynonymsLegend:
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations
piacgazdaság

market economy

neconomia di mercato
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995