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
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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 The Putin era has created the first consumer market economy in Russian history, and seen a generation grow up that had no need to engage in any form of farming. Fred Weir, Christian Science Monitor, 25 June 2026 See All Example Sentences for market economy

Word History

First Known Use

1918, in the meaning defined above

Time Traveler
The first known use of market economy was in 1918

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Cite this Entry

“Market economy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/market%20economy. Accessed 5 Aug. 2026.

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