English dictionary
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English noun: market economy | |||
| 1. | market economy (group) an economy that relies chiefly on market forces to allocate goods and resources and to determine prices | ||
| Synonyms | free enterprise, laissez-faire economy, private enterprise | ||
| Broader (hypernym) | economic system, economy | ||
| Narrower (hyponym) | capitalism, capitalist economy | ||
| Antonyms | non-market economy | ||
Based on WordNet 3.0 copyright © Princeton University.
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Web design: Orcapia v/Per Bang. English edition: .
2024 onlineordbog.dk