BabelNet

bn:00036346n

Noun Concept

Categories: Market socialism, Economic liberalism, Market (economics), Classical liberalism, Capitalism

market economy free enterprise private enterprise laissez-faire economy associated company

An economy that relies chiefly on market forces to allocate goods and resources and to determine prices WordNet 3.0

Definitions

Relations

Sources

An economy that relies chiefly on market forces to allocate goods and resources and to determine prices WordNet 3.0 & Open English WordNet

A market economy is an economic system in which the decisions regarding investment, production and distribution to the consumers are guided by the price signals created by the forces of supply and demand. Wikipedia

Company form Wikidata

Type of economic system Wikidata

A mixed economy that relies heavily on markets to answer the three basic questions of allocation, but with a modest amount of government involvement. While it is commonly termed capitalism, market-oriented economy is much more descriptive of how the economy is structured. OmegaWiki

An economic system of business governed by the laws of supply and demand with minimal government interference, regulation, or subsidy. Wiktionary

Economic system. Wiktionary (translation)

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. Wiktionary

Economy in which and services are exchanged in a free market. Wiktionary (translation)

IS A

PART OF

HAS KIND