market economy


Definition: Meaning of, market economy in English to English dictionary.

Pronunciation: / ˈmɑːkɪt ɪˈkɒnəmi /

  • noun
  • synonym
  • antonym
Word Forms:
Singular Plural
market economy market economies
[countable]
  1. an economic system in which companies are not controlled by the government but decide what they want to produce or sell, based on what they believe they can make a profit from
    SYNONYM
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    ANTONYM
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synonym
antonym

market economy used in phrases