non-market economy (Meaning)

Wordnet

non-market economy (n)

an economy that is not a market economy

Synonyms & Antonyms of non-market economy

No Synonyms and anytonyms found

non-market economy Sentence Examples

  1. The non-market economy of North Korea tightly controls production and distribution of goods.
  2. In a non-market economy, the government plays a dominant role in economic decision-making.
  3. Cuba's non-market economy has led to shortages of basic necessities and a stagnant economy.
  4. The transition from a non-market economy to a market economy can be a complex and challenging process.
  5. Some non-market economies allow for limited private enterprise, while others strictly prohibit it.
  6. Non-market economies often face challenges in terms of innovation and economic growth.
  7. The non-market economy in the Soviet Union led to inefficiencies and a lack of competition.
  8. The Chinese government has gradually shifted away from a non-market economy to a more market-oriented one.
  9. Non-market economies typically provide generous social welfare benefits, such as healthcare and education.
  10. Vietnam's non-market economy is slowly transitioning to a more open market economy.

FAQs About the word non-market economy

an economy that is not a market economy

No synonyms found.

No antonyms found.

The non-market economy of North Korea tightly controls production and distribution of goods.

In a non-market economy, the government plays a dominant role in economic decision-making.

Cuba's non-market economy has led to shortages of basic necessities and a stagnant economy.

The transition from a non-market economy to a market economy can be a complex and challenging process.