| 单词 | market mechanism |
| 释义 | > as lemmasmarket mechanism market mechanism n. Economics the workings or processes of the free market, e.g. the setting of prices by the forces of supply and demand, esp. when viewed as sufficient in themselves to regulate the economy without the need for state intervention; (as a count noun) any such process. ΚΠ 1919 Q. Jrnl. Econ. 33 633 Little or nothing has been said..concerning the adequacy of the market mechanism to bring about normal adjustments of actual supply and actual demand conditions. 1965 Jrnl. Polit. Econ. 73 478 We shall make use of the arguments directed against the market mechanism to illustrate the arguments directed against economic theory. 1992 Economist 22 Aug. 4/2 If market mechanisms were inherently efficient, Shenzhen..would have emerged as a miniature Wall Street instead of a modern Dodge City. < as lemmas |
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