These are word's definitions related to market-economy. Click on any word to go to its word's detail page. Or, go to the definition of market-economy.
0 an economic system in which goods and services are made, sold, and shared and prices set by the balance of supply and demand
1 an economic system in which goods and services are made, sold, and shared and prices set by the balance of supply and demand
2 an economic system in which companies manage their own business, profits, etc. and the supply and price of goods are decided according to how much demand there is for them, not by the government: