What does Market Economy mean?
An economic system in which production and prices are determined by unrestricted competition between private businesses.
In a Market Economy, decisions regarding investment are guided by supply and demand.
Market Economy in German, French, Spanish and Italian
GermanMarktwirtschaft
Wirtschaftsordnung, in der Angebot und Nachfrage den Markt steuern.
FrenchÉconomie de marché
Système économique basé sur la libre confrontation de l'offre et de la demande.
SpanishEconomía de mercado
Sistema donde las decisiones las toman ciudadanos y empresas.
ItalianEconomia di mercato
Sistema in cui le decisioni sono guidate dalle forze del mercato.
Common phrases with Market Economy
- unrestricted competition market economy
- prices determined by market economy
- investment market economy
Synonyms and opposites for Market Economy
- Synonym Free enterprise
- Synonym Capitalism
- Opposite Command Economy