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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Others tried solutions tailored more specifically to the fluidity of the market economy. Literary Hub, 9 June 2025 Prices are what organize the market economy, which means prices are a crucial form of communication that governments should never, ever meddle with. John Tamny, Forbes.com, 20 Apr. 2025 For instance, India’s economy is consumer-driven and less reliant on exports than other emerging market economies to drive growth. Ganesh Rao, CNBC, 17 Apr. 2025 Francis thus did not have an optimistic view of the market economy. Alejandro Antonio Chafuen, Forbes.com, 15 May 2025 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 16 Jul. 2025.

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