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
- 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.
- Some non-market economies allow for limited private enterprise, while others strictly prohibit it.
- Non-market economies often face challenges in terms of innovation and economic growth.
- The non-market economy in the Soviet Union led to inefficiencies and a lack of competition.
- The Chinese government has gradually shifted away from a non-market economy to a more market-oriented one.
- Non-market economies typically provide generous social welfare benefits, such as healthcare and education.
- 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.