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

Recent Examples on the Web

Emerging-market economies such as those of India, South Africa, and in Southeast Asia have announced plans to increase commercial oil inventory requirements, build government strategic oil and gas reserves, and expand domestic refining capacity. — Jason Bordoff, Foreign Affairs, 14 Aug. 2026

In the mixed economy, redistributive and regulatory mechanisms are united with a market economy. — Dave Anderson, Baltimore Sun, 26 July 2026

The experts advocate for a social market economy model for Cuba’s transition and a democratic state that guarantees the rule of law. — Nora Gámez Torres, Miami Herald, 24 July 2026

These rate moves also draw investment to rich countries and away from emerging-market economies such as Egypt and Pakistan. — Idrees Kahloon, The Atlantic, 9 July 2026

Word History

First Known Use

1918, in the meaning defined above

Rhymes for market economy

• aeronomy
• agronomy
• astronomy
• autonomy
• gastronomy
• metonymy
• taxonomy
• deuteronomy