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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 a countrys individual citizens and businesses. translation and definition "market economy", Dictionary English-English online.An economy in which goods and services are exchanged in a free market, as opposed to a state-controlled or socialist economy a capitalistic economy. market economy definition, meaning, what is market economy: an economic system in which goods and services are made, sold, and shared and prices set.Definition of market economy - English Dictionary. Definition of market economy. : an economy in which most goods and services are produced and distributed through free markets.Its entry into the market economy at the turn of this century cost millions of manufacturing jobs in the United States. 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A free-market economy is an economy in which the allocation for resources is determined only by the supply and the demand for them.1, 2016, thoughtco.com/free-market-economy-definition-1146100. Moffatt, Mike. A market economy differs from a planned economy, which is a system in which decisions relating to investments and production are made as a part of the governments plans. To explore this concept, consider the following market economy definition. Economics is the study of the market economy.The market economy refers to an abstract image of interaction among purposeful, "normal human beings," or actors, under a given set of conditions. Scarcity economics definition quizlet. 1 Author: SA. Thanks for watching. Quizlet Search Create a Set Your Feedback Check our Help section first!2/16 Market economy An economy in which the decisions of households and firms interacting in markets allocate economic resources. Define economics quizlet. 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This means that, while conventional wisdom must be comforting and convenient, it does not necessarily need to be true.Market economies are flawed because they put too much emphasis on economic growth and not enough on environmental problems. 11 fiscal and monetary policy, monetarism, supply-side, a good source for this unit quizlet fiscal policy article - japaneconomics defined, scarcity defined, relationship between economic definition and scarcity definition explained, definition of economics including fact . in economics, a shortage or Definition of MARKET ECONOMY in the Definitions.net dictionary.Here are all the possible meanings and translations of the word MARKET ECONOMY. Princetons WordNet(0.00 / 0 votes)Rate this definition Market economy definition, a capitalistic economic system in which there is free competition and prices are determined by the interaction of supply and demand. See more.