market driven economy

listen to the pronunciation of market driven economy
English - Turkish
Pazar güdümlü ekonomi
market economy
piyasa ekonomisi
market economy
pazar ekonomisi
English - English

Definition of market driven economy in English English dictionary

market economy
An economy in which goods and services are exchanged in a free market, as opposed to a state-controlled or socialist economy; a capitalistic economy
market economy
an economy in which the setting of prices and allocating of resources are determined by the forces of supply and demand In a market economy, for the most part it is the actions of private corporations and individuals, rather than government, that direct economic activity
market economy
an economic system that has the following characteristics: private ownership of goods and the factors of production, freedom of individuals to make economic choices, the use of prices to allocate resources, and a limited economic role for government
market economy
an economic system based on private ownership and the use of markets in economic decision-making
market economy
An economy that uses a decentralized decision making process to determine what to produce
market economy
one in which prices and quantifies are determined by supply and demand
market economy
A free private-enterprise economy governed by consumer sovereignty, a price system, and the forces of supply and demand
market economy
An economy where key elements in the financial and industrial sectors are owned by private corporations rather than by the state
market economy
An economy in which most goods and services are produced by the private sector rather than the public sector and in which prices of goods and services adjust according to the forces of supply and demand
market economy
an economy in which the economic questions are decided mostly by individuals in the marketplace
market economy
an economy characterised by freely determined prices and the free exchange of goods and services in markets (chapter 1)
market economy
An economic system in which individuals control all or most factors of production and make all or most production decisions
market economy
capitalism, free economy in which most of the economic activity is generated by private businesses rather than by the government
market economy
An economy that operates by voluntary exchange in a free market and is not planned or controlled by a central authority; a capitalistic economy. an economic system in which companies are not controlled by the government but decide what they want to produce or sell, based on what they believe they can make a profit from
market economy
an economy that allocates resources primarily through the interaction of individuals (households) and private firms
market economy
an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
market economy
-an economic system based only on the interaction of market forces, such as supply and demand   A true market economy is free of governmental influence, collusion and other external interference   Buyers and sellers making exchanges determine prices
market economy
the who, what, and how much should be produced decisions are determined by market prices
market driven economy

    Hyphenation

    mar·ket driv·en E·con·o·my

    Turkish pronunciation

    märkıt drîvın ikänımi

    Pronunciation

    /ˈmärkət ˈdrəvən ēˈkänəmē/ /ˈmɑːrkət ˈdrɪvən iːˈkɑːnəmiː/
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