market economy love

Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. An economy that operates by voluntary exchange in a free market and is not planned or controlled by a central authority; a capitalistic economy.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. 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.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

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

Etymologies

Sorry, no etymologies found.

Examples

  • Just as the factors of production themselves emerged from a precapitalist social setting during the great economic revolution we witnessed in our opening chapters, so in our times a new economic revolution is bringing the market economy into regions that were formerly only passive, not active forces in the world economy.

    The Worldly Philosophers

  • Australia continues to support Estonia's development, especially its transition to a market economy through multilateral organisations such as the European Bank for Reconstruction (EBRD) and bilaterally through the Australian Program for Training in Eurasia (APTEA).

    Australian DFAT - Senator Evans Media Release - APPOINTMENT OF AUSTRALIAN HONORARY CONSUL TO TALLINN, ESTONIA

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