Market economy
volume
British pronunciation/mˈɑːkɪt ɪkˈɒnəmi/
American pronunciation/mˈɑːɹkɪt ɪkˈɑːnəmi/

تعريف ومعنى "market economy"

Market economy
01

اقتصاد سوق

an economic system in which private businesses determine production, prices, and salaries not the government
Wiki
example
مثال
examples
The transition to a market economy in Eastern Europe led to significant economic reforms and privatization.
In a market economy, consumers have the freedom to choose among competing products and services.
Market economies rely on competition to allocate resources efficiently and drive innovation.
A market economy allows businesses to operate based on supply and demand without government interference in pricing.
The United States is often cited as an example of a market economy characterized by private enterprise and minimal government regulation.
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