ALL meanings of market economy
mar·ket e·con·o·my
M m - noun market economy a capitalistic economic system in which there is free competition and prices are determined by the interaction of supply and demand. 1
- noun market economy An economy in which goods and services are exchanged in a free market, as opposed to a state-controlled or socialist economy; a capitalistic economy. 0
- noun market economy an economy that is based on the forces of supply and demand 0
- noun 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 0