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Market Economy

nounid 92833·updated May 18, 2026
verified

an economy that relies chiefly on market forces to allocate goods and resources and to determine prices

MWE

Attested in

No recorded attestations. They are written when an MWE tagging stage is completed, stamped with the pack version and the document’s digest.

Classifications

Entity Type

Unknownauthoritativeglossary_import_default_pending_classifier

Sensitivity

unclassified

Information Class

unclassified

Variants

synonym
free enterpriselaissez-faire economyprivate enterprise
plural
Market Economies
possessive
Market Economy's
pluralpossessive
Market Economies'

Framework definitions

Wordset Dictionary1 senseview framework →
§1
an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
Legacy lexicon import1 senseview framework →
§1 · legacy_primary
an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
DR-088 backfill from the noun definition column

Outgoing relationships

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Incoming relationships

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