market economy
nounDefinition of market economy
: an economy in which most goods and services are produced and distributed through free markets
Examples of market economy in a Sentence
Recent Examples on the Web
All economists agree that there are certain economic goods and services that are necessary for an economy to be optimally productive, but that never will be produced in a free-market economy without government action. — Edward Lotterman, Twin Cities, "Real World Economics: New gas taxes are needed; here’s why," 14 July 2019 Europe itself is far too socialistic and highly taxed — and for notorious historic reasons is much too afraid of working-class and agrarian unrest — to have a seriously free and competitive market economy. — Conrad Black, National Review, "A Strong U.S. Needs a Strong U.K.," 11 July 2019 The pursuit of market economy status has been a long-term strategic goal for China... — James Freeman, WSJ, "Is China Finally Ready to Deal with Trump?," 18 June 2019 The situation is further aggravated by recent disappointments about the longed-for transformation to democracy and a market economy after 1990, which has changed nothing about the drifting apart of East and West, quite the contrary. — Leonid Bershidsky, Twin Cities, "Leonid Bershidsky: Depopulation Is Eastern Germany’s curse," 18 June 2019 If producing more crops drove down farm prices and wrecked the land, well, that was just how the market economy worked. — Kevin Baker, Harper's magazine, "Where Our New World Begins," 10 May 2019 Some of these legal tussles are part of the transition to a modern market economy. — The Economist, "Disgruntled investors are losing patience with central Europe," 8 June 2019 The decline has been broadly felt, with all major advanced economies, including the U.S., and most major emerging-market economies seeing deterioration in their outlook. ... — Josh Zumbrun, WSJ, "IMF Cuts 2019 Global Growth Outlook," 9 Apr. 2019 This does not mean that Mr Kim is interested in the sort of full-on market economy which serious foreign investment would require. — The Economist, "Kim Jong Un did better than Donald Trump at the Singapore summit," 14 June 2018These example sentences are selected automatically from various online news sources to reflect current usage of the word 'market economy.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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