Market Economy
nounverified·updated May 18, 2026
an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
MWEWordset Dictionary
Classifications
Entity Type
Unknown—glossary_import_default_pending_classifier
?unassignedlast reviewed —
Sensitivity
unclassified
Information Class
unclassified
Variants
- synonym
- free enterpriselaissez-faire economyprivate enterprise
- plural
- Market Economies
- possessive
- Market Economy's
- pluralpossessive
- Market Economies'