: an economy in which most goods and services are produced and distributed through free markets
Example Sentences
Recent Examples on the WebFrom the beginning of the republic until the Great Depression, America had a comparatively unregulated free-market economy, in the mold of the principles laid down by Adam Smith. Michael Tomasky, The New Republic, 8 Aug. 2022 The market economy has been enormously successful in Chile. Mary Anastasia O’grady, WSJ, 12 Dec. 2021 Prioritizing taxpayer funds on programs that hamper our free-market economy is foolish. Dave Wallace, Baltimore Sun, 18 May 2022 Rooney said many of his members are focused on the disparities created by a free-market economy.BostonGlobe.com, 9 May 2022 David and Oren enjoy a fruitful and constructive conversation on globalization and seek to unpack the right path to human flourishing within the mechanism of a market economy. Andrew Stuttaford, National Review, 4 Mar. 2022 The situation is reminiscent of the hyperinflation of the early 1990s, when President Boris Yeltsin liberalized prices as a prerequisite for the creation of a market economy after the collapse of the Soviet Union.Washington Post, 3 Mar. 2022 Indeed, that’s the other way of looking at this situation: This is the market economy! Jason Gay, WSJ, 20 May 2022 Yesterday’s news should remind Americans that where there is a dynamic market economy, there will always be rapid change. The Editors, National Review, 26 Apr. 2022 See More