market economy
noun
: an economy in which most goods and services are produced and distributed through free markets
Examples of market economy in a Sentence
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Leading economists such as Dani Rodrik at Harvard and Daron Acemoglu at the Massachusetts Institute of Technology’s have started to challenge the prevailing orthodoxy that such jobs are an inevitable by-product of a well-functioning market economy.
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Daniel Chandler, TIME, 14 May 2024
No market economy even approximates a competitive ideal of perfect competition, perfect information, and perfect risk and capital markets.
—Joseph E. Stiglitz, Fortune, 12 May 2024
See all Example Sentences for market economy 
Daniel Chandler, TIME, 14 May 2024
No market economy even approximates a competitive ideal of perfect competition, perfect information, and perfect risk and capital markets.
—Joseph E. Stiglitz, Fortune, 12 May 2024
See all Example Sentences for market economy
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'market economy.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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“Market economy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/market%20economy. Accessed 1 Jun. 2024.
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