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Uncommonmarket economy
The correct spelling is market economy.
How to pronounce market economy
noun
Say it like: Mar-ket- ec-ono-mee
The correct spelling is 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.
Usage Examples
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Definition
noun
- 1.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.
Similar words
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