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

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

Greenspan understood early that in a market economy—and especially one organizing around the capital demands of an internet revolution—the central banker’s words are a tool to match the federal funds rate. — Eva Roytburg, Fortune, 23 June 2026

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

Protection of property rights, so critical to a market economy, requires a critical mass of owners to sustain political support. — Marty Steinberg, CNBC, 22 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