market economy

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Related to Market economics: Free market economics

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 ?
In more than 48 countries, SIFE students form teams on their university campuses and develop outreach projects that teach entrepreneurship, market economics, personal success skills, and financial literacy in their communities.
No minimum wage and social security, no state subsidies, and decreased taxation are among the measures that the Bulgarian Institue for Market Economics suggests for boosting the country's growth.
VANCOUVER -- VANCOUVER, June 11 /PRNewswire/ -- Markets have not failed Latin America, Latin America has failed to embrace market economics according to Francisco Gil Diaz, Mexico's Treasury Secretary, in an exclusive article published by The Fraser Institute in the June issue of Fraser Forum.
Maybe someday there will be a better system; market economics can't possibly be the best humanity can do, it is just the best system available so far.
That tenet of market economics, of American society, and of the free-enterprise system has won acceptance all over the world including the former Soviet bloc - everywhere, it seems, except here in fantasy land.
The regulation-for-revenue trend is yet another piece of evidence that these rumors are premature, that both illiteracy about market economics and the urge for socialism persist in many mutant forms.
We are thinking within the framework of market economics.
The timing and amount of shares repurchased will be made based on the Company's evaluation of market economics and conditions.
However, behind this veneer and pride in amorality, there is a sense among traders that they are the disinterested jurors casting out quasi-divine judgment on economies that stray from the road of proper free market economics.
The decision to issue the refunding bonds will depend on market economics at the time of pricing.
To bridge the gap between economists' province of market economics and anthropologists' purview of daily material life and their different views of rhetoric culture, contributors to 11 essays address the persuasive power of money in various cultural contexts.
labor movement, which differs from its European counterparts by rarely being violent, by praising market economics and by supporting military policy.