NOUN
- an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
How To Use market economy In A Sentence
- Both seek to address poverty in their countries, but within the framework of a free-market economy. Times, Sunday Times
- In a market economy it is as easy to fall as to rise, but in periods of scarcity and famine, easier to survive within such a system than outside it.
- Seeing that China's construction of market economy has its elementary scale, we should enact law of bankruptcy so as to bring the law into full effect.
- With each measure one has to ask oneself whether the instrument used is or is not compatible with the market economy.
- The entrepreneurial spirit and social innovation fostered by a market economy has benefited many, and should not be overly encumbered by stifling regulations.
- Africa cannot jump into a world market economy as quickly as it wants.
- And it has become impossible to resist the temptations of the market economy.
- During its 16 years in power, Chile moved away from economic statism toward a largely free market economy that fostered an increase in domestic and foreign private investment.
- In a market economy, finicky customers have the upper hand in choosing products and services.
- First, a well-functioning market economy does not obviate the need for democracy and civil and political rights.
