An economic system in which production and prices are determined by unrestricted competition between privately owned businesses.
the process of transition to a market economy led to major changes
Example sentencesExamples
Infrastructure was inherited from the Soviet economy and is considered to be inadequate for the functioning of a free market economy.
The entry of emerging market economies into the global trading system is a powerful deflationary force.
Varying the amount of information available to market participants demonstrates the role of information in a market economy.
They will have to maintain their critical stance and simultaneously respond to the demands of the market economy in the new, reformed, capitalist system.
By 1820, however, the forces of the market economy had begun to impact the valley.
Today's poor countries were poor long before modern liberal market economies developed in Europe and North America; we cannot blame capitalism for poverty.
The shift to a market economy affected every level of the film industry from its basic infrastructure to its mode of financing and administration.
In advanced market economies, we are all dependent on others in ways we may not even have thought of.
Russian universities are developing agricultural leaders for the changing world of the market economy.
Business planning for small farms transitioning to a market economy was a primary focus of the project.
Definition of market economy in US English:
market economy
noun
An economic system in which production and prices are determined by unrestricted competition between privately owned businesses.
the process of transition to a market economy led to major changes
Example sentencesExamples
Business planning for small farms transitioning to a market economy was a primary focus of the project.
The shift to a market economy affected every level of the film industry from its basic infrastructure to its mode of financing and administration.
They will have to maintain their critical stance and simultaneously respond to the demands of the market economy in the new, reformed, capitalist system.
Varying the amount of information available to market participants demonstrates the role of information in a market economy.
Russian universities are developing agricultural leaders for the changing world of the market economy.
The entry of emerging market economies into the global trading system is a powerful deflationary force.
In advanced market economies, we are all dependent on others in ways we may not even have thought of.
Today's poor countries were poor long before modern liberal market economies developed in Europe and North America; we cannot blame capitalism for poverty.
Infrastructure was inherited from the Soviet economy and is considered to be inadequate for the functioning of a free market economy.
By 1820, however, the forces of the market economy had begun to impact the valley.