market economy Antonyms
No Synonyms and anytonyms found
Meaning of market economy
Wordnet
market economy (n)
an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
market economy Sentence Examples
- The market economy allows producers to respond to consumer demand, allocating resources efficiently.
- In a market economy, prices are determined by the interaction of supply and demand.
- Competition in the market economy drives innovation and economic growth.
- The government plays a limited role in regulating the market economy, ensuring fair competition and consumer protection.
- The stock market is a key component of the market economy, facilitating capital formation and investment.
- The free movement of goods and services across borders fosters economic growth in a market economy.
- Technological advancements can disrupt the market economy, creating new opportunities and challenges.
- Consumer choices have a significant impact on the direction of the market economy.
- Market economies can be subject to economic fluctuations, such as recessions and expansions.
- The market economy model has been widely adopted around the world, with varying degrees of government intervention and regulation.
FAQs About the word market economy
an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
No synonyms found.
No antonyms found.
The market economy allows producers to respond to consumer demand, allocating resources efficiently.
In a market economy, prices are determined by the interaction of supply and demand.
Competition in the market economy drives innovation and economic growth.
The government plays a limited role in regulating the market economy, ensuring fair competition and consumer protection.
