A market economy is an economy in which decisions regarding investment, production and distribution are based on supply and demand, and prices of goods and services are determined in a free price system. The major defining characteristic of a market economy is that decisions on investment and the allocation of producer goods are mainly made throug...
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http://en.wikipedia.org/wiki/Market_economy
A country in which most economic decisions are left up to individual consumers and firms interacting through markets. Contrasts with central planning and non-market economy.
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http://www-personal.umich.edu/~alandear/glossary/m.html
(from the article `Croatia`) Following the demise of communism in 1990, the Croatian government began a course of restructuring the economy from self-managed socialism to ... Accompanying these ideological and institutional changes were changes in economic institutions. Highly centralized economies under state control had ... These g...
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http://www.britannica.com/eb/a-z/m/37
A system where resources are owned by households: markets allocate resources through the price mechanism; and income depends upon the value of resources owned by an individual.
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http://www.encyclo.co.uk/local/20140
Economy in which most resources are allocated through markets rather than through state planning. See
free enterprise. ...
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http://www.encyclo.co.uk/local/20688
A situation in which businesses operate in a free market, i.e., they are in competition with each other and are not under government control
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http://www.encyclo.co.uk/local/22643
An economic system based on private enterprise that rests upon three basic freedoms: freedom of the consumer to choose among competing products and services, freedom of the producer to start or expand a business, and freedom of the worker to choose a job and employer.
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http://www.irs.gov/app/understandingTaxes/student/glossary.jsp
a form of economic organization in which there are well-developed means by which goods and services can be bought and sold, usually through the medium of money, and there are few, if any, controls exercised by the state on the free operation of those markets.
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http://www.polity.co.uk/cbs3/PDF/Glos.pdf
[
n] - an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
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http://www.webdictionary.co.uk/definition.php?query=market%20economy
free enterprise noun an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
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https://www.encyclo.co.uk/local/20974
A market economy is an economy that allows the free flow of goods and services based on the interaction of?demand and supply.
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https://www.myaccountingcourse.com/accounting-dictionary/accounting-diction
No exact match found.
