1. A medium that allows buyers and sellers of a specific good or service to interact in order to facilitate an exchange. The price that individuals pay during the transaction may be determined by a number of factors, but price is often determined by...
A market economy is an economic system where decisions regarding investment,
production, ... Capitalism generally refers to an economic system where the
means of production are largely or entirely p...
Market economy definition, a capitalistic economic system in which there is free
competition and prices are determined by the interaction of supply and demand.
A market economy is an economic system in which economic decisions and the
pricing of goods and services are guided solely by the aggregate interactions of ...
Definition of market economy: Free market system in which decisions regarding
resource allocation, production, and consumption, and price levels and ...
Define market economy: an economic system in which prices are based on
competition among private businesses and not controlled by a government.
Define market economy (noun) and get synonyms. What is market economy (
noun)? market economy (noun) meaning, pronunciation and more by Macmillan
A market economy, also widely known as a "free market economy," is one in
which goods are bought and sold and prices are determined by the free market,
An economy that operates by voluntary exchange in a free market and is not
planned or controlled by a central authority; a capitalistic economy. American ...
Dec 8, 2016 ... Definition: A market economy is when competition from free enterprise makes
economic decisions. It allows the laws of supply and demand to ...