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Meaning of MARKET ECONOMY
WordNet Dictionary
Definition:
[n]
an
economy
that
relies
chiefly
on
market
forces
to
allocate
goods
and
resources
and
to
determine
prices
Websites:
Synonyms:
free enterprise
,
laissez-faire economy
Antonyms:
non-market economy
See Also:
capitalism
,
capitalist economy
,
economic system
,
economy
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