market economynoun [ C ]
uk/ˌmɑː.kɪt ɪˈkɒn.ə.mi/us/ˌmɑːr.kɪt ɪˈkɑː.nə.mi/an economic system in which goods and services are made, sold, and shared and prices set by the balance of supply and demand
Thesaurus: synonyms and related words
Economics
- autarchy
- broad money
- Chancellor of the Exchequer
- consumer price index
- credit crunch
- deflate
- depressed
- downturn
- economist
- GDP per capita
- GNI
- hyperinflation
- market forces
- mixed economy
- pecuniary
- protectionism
- retail price index
- spending
- stall
- trade figures
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