Meanings
Synonyms & antonyms
nounan economy that relies chiefly on market forces to allocate goods and resources and to determine prices
Similar
Opposite
non-market economy
Broader
economyeconomic system
Synonym sets from Open English WordNet, CC BY 4.0.
Translations
Arabic اِقْتِصَاد اَلسُّوق
- اِقْتِصَاد اَلسُّوق (iqtiṣād as-sūq)economy in which and services are exchanged in a free market
Chinese Mandarin 市場經濟 /市场经济
- 市場經濟 /市场经济 (shìchǎng jīngjì)economy in which and services are exchanged in a free market
Czech tržní hospodářství
- tržní hospodářstvíeconomy in which and services are exchanged in a free market
Danish markedsøkonomi
- markedsøkonomieconomy in which and services are exchanged in a free market
Dutch markteconomie
- markteconomieeconomy in which and services are exchanged in a free market
Finnish markkinatalous
- markkinatalouseconomy in which and services are exchanged in a free market
French économie de marché
- économie de marchéeconomy in which and services are exchanged in a free market
German Marktwirtschaft
- Marktwirtschafteconomy in which and services are exchanged in a free market
Hungarian piacgazdaság
- piacgazdaságeconomy in which and services are exchanged in a free market
Italian economia di mercato
- economia di mercatoeconomy in which and services are exchanged in a free market
Japanese 市場経済
- 市場経済 (shijō keizai)economy in which and services are exchanged in a free market
Korean 시장 경제
- 시장 경제 (sijang gyeongje)economy in which and services are exchanged in a free market
Polish gospodarka rynkowa
- gospodarka rynkowaeconomy in which and services are exchanged in a free market
Portuguese economia de mercado
- economia de mercadoeconomy in which and services are exchanged in a free market
Russian ры́ночная эконо́мика
- ры́ночная эконо́мика (rýnočnaja ekonómika)economy in which and services are exchanged in a free market
Spanish economía de mercado
- economía de mercadoeconomy in which and services are exchanged in a free market
Swedish marknadsekonomi
- marknadsekonomieconomy in which and services are exchanged in a free market
Turkish piyasa ekonomisi
- piyasa ekonomisieconomy in which and services are exchanged in a free market
Ukrainian ри́нкова еконо́міка
- ри́нкова еконо́міка (rýnkova ekonómika)economy in which and services are exchanged in a free market
Vietnamese nền kinh tế thị trường
- nền kinh tế thị trườngeconomy in which and services are exchanged in a free market
Cite this entry
APA
market economy. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/market%20economy
MLA
“market economy.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/market%20economy. Accessed November 5, 2026.
Chicago
WatkinsX Dictionary, s.v. “market economy,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/market%20economy.
Source: market economy on Wiktionary, CC BY-SA 4.0.