market economy

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Related to Market capitalism: market capitalisation, Free market economy

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.

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.
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
Translations
piacgazdaság

market economy

neconomia di mercato
References in periodicals archive ?
We used to manufacture cars, textiles, steel, build ships and mine coal - now we import and the EU is obsessed with free market capitalism.
Theresa May has rejected Free Market Capitalism in her recent Election Manifesto.
The system of US market capitalism is broken, explains Rana Foroohar, author and Time magazine's assistant managing editor for economics and business.
and Lafarge North America, whose Market Capitalism has helped sustain the Alpena, Mich.
In "American Capitalism at Sunset," Meckling and Gleason noted that there's "no good reason that the health of capitalism should be identified with the success of businessmen in tapping the political process," because free market capitalism and crony capitalism are not the same thing.
Lupton writes in an accessible way--this is a book for people in the pews and their local leaders--as he moves between his Christian faith and his passion for free market capitalism.
Even China has started to recognise this by adopting a form of state controlled market capitalism.
It was also refreshing to realise that free market capitalism has passed away.
Budapest) defends market capitalism and liberal democracy without denying their failures, shortcomings and imperfections, or taking their triumph for granted.
He argued instead for "a model that embraces the financial disciplines of market capitalism, but also provides opportunity and support for the vulnerable, the dispossessed and the downright unfortunate .
Our children have been brainwashed by the government monopoly schools to believe that government is the answer to all of their problems and free market capitalism is an evil scheme of the rich to limit the wealth of the "middle class.
Simultaneously, it was a period when free market capitalism had begun to replace large government as the means to solve economic and social problems.