Market Economy
nounid
92833·updated May 18, 2026verified
an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
MWE
Classifications
Entity Type
Unknown—glossary_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
- §1
- an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
Outgoing relationships
No outgoing triples
This term is not the subject of any RDF-style relationship yet.
Incoming relationships
No incoming triples
No other term currently asserts a relationship to this one.