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Definition of Market Economy in English :

Define Market Economy in English

Market Economy meaning in English

Meaning of Market Economy in English

Pronunciation of Market Economy in English

Market Economy pronunciation in English

Pronounce Market Economy in English

Market Economy

see synonyms of market economy

Noun

1. free enterprise, laissez-faire economy, market economy, private enterprise

an economy that relies chiefly on market forces to allocate goods and resources and to determine prices

WordNet Lexical Database for English. Princeton University. 2010.

Market Economy

see synonyms of market economy
noun
economics
an economy that is based on the forces of supply and demand
how to change over from a centralized, planned economy to a market economy

Collins English Dictionary. Copyright © HarperCollins Publishers

Market Economy

see synonyms of market economy
an economy in which prices, the supply of goods, etc. are determined by buyers and sellers carrying on business dealings with a relatively high degree of freedom

Webster’s New World College Dictionary, 4th Edition. Copyright © 2010 by Houghton Mifflin Harcourt. All rights reserved.

Market Economy

see synonyms of 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.

The American Heritage ® Dictionary of the English Language, Fifth Edition copyright ©2018 by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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