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 ?
It's the key to free market capitalism, she said, with money the unit of account that provides clarity on pricing.
From Thatcher onward we have had what economists describe as 'Turbo-capitalism'; a free market capitalism that included privatisation of national industries and the deregulation of the financial markets.
Free market capitalism is responsible for improving the living standards of millions or even billions of people around the world.
Mr Gymiah urged the party to mount a "fullthroated" case for free market capitalism to combat Labour.
The answer is, in free market capitalism, yes, this is how it works.
Taking a strategic long-term view, the PTI wants to boost taxes under the Scandinavian model of welfare state, which is a unique blend of free market capitalism and social benefits
We hope that warm market capitalism will soon be rooted.
We used to manufacture cars, textiles, steel, build ships and mine coal - now we import and the EU is obsessed with free market capitalism.
To lump all capitalists into one huge conglomeration of "robber barons"--Kolozi cites Matthew Josephson's book on that topic a bit too much for my taste--fails to differentiate between good and bad capitalism, between crony capitalism (favors from political connections) and market capitalism aimed at efficiency and the improvement of society.
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., community for more than a century.
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. He effectively confronts popular practices and assumptions and challenges churches to rethink their strategies, inviting them to engage on a deeper and more meaningful level.