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

Wealth buys choice, leverage, and a cushion for the vagaries of a market economy. — Teresa Ghilarducci, Forbes.com, 23 June 2026

The country that pioneered so many innovations could also build a healthcare model that protects its people while preserving the strengths of its market economy. — Wei Zhang, Mercury News, 13 June 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

The city's blueprint will help Hong Kong synchronize with and serve the national development plan while upholding a free-market economy, Tse said. — ABC News, 15 June 2026

Word History

First Known Use

1918, in the meaning defined above

Rhymes for market economy

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