pazar ekonomisi

listen to the pronunciation of pazar ekonomisi
Turkish - English
(Hukuk) 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
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
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
an economic system based on private ownership and the use of markets in economic decision-making
An economy that uses a decentralized decision making process to determine what to produce
one in which prices and quantifies are determined by supply and demand
A free private-enterprise economy governed by consumer sovereignty, a price system, and the forces of supply and demand
An economy where key elements in the financial and industrial sectors are owned by private corporations rather than by the state
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
an economy in which the economic questions are decided mostly by individuals in the marketplace
an economy characterised by freely determined prices and the free exchange of goods and services in markets (chapter 1)
An economic system in which individuals control all or most factors of production and make all or most production decisions
capitalism, free economy in which most of the economic activity is generated by private businesses rather than by the government
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
an economy that allocates resources primarily through the interaction of individuals (households) and private firms
an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
-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
the who, what, and how much should be produced decisions are determined by market prices

Related Terms

serbest pazar ekonomisi
(Hukuk) free market economy
pazar ekonomisi
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