Market Economy — synonyms, market economy antonyms, definition

1. market economy (Noun)

3 synonyms
free enterprise laissez-faire economy private enterprise
1 antonym
non-market economy
1 definition

market economy (Noun) — An economy that relies chiefly on market forces to allocate goods and resources and to determine prices.

2 types of
economic system economy
2 types
capitalism capitalist economy