International Trade Meaning and Definition of Market Economy
Meaning of Market Economy
An economy in which resource allocations, prices and other marketing decisions are primarily determined by the free market.
Related Entries of Market Economy in the Encyclopedia of Law Project
Browse or run a search for Market Economy in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
Market Economy in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Market Economy in Historical Law in the Encyclopedia of Law.
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Market Economy in the Legal Abbreviations and Acronyms Dictionary.
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| Resource | Description |
|---|---|
| Market Economy in the Dictionary | Market Economy in our legal dictionaries |
| Related topics | Browse topics from the World Wiki Encyclopedia of Law |
| Browse the Legal Thesaurus | Find synonyms and related words of Market Economy |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
| Legal Answers (Q&A) | A community-driven knowledge creation process, of enduring value to a broad audience |
| Related topics | Market Economy in the World Encyclopedia of Law |
What is Market Economy?
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| Topic Tree | A topic display format, showing the hierarchy |
| Sitemap Index | Sitemap Index, including Taxonomies |
| https://legaldictionary.lawin.org/market-economy | The URI of Market Economy (more about URIs) |
Definition of Market Economy
The Canada social science dictionary [1] provides the following meaning of Market Economy: An economy in which goods and services are freely exchanged without obstruction or regulation and where decisions about production and consumption are made by many separate individuals each seeking satisfaction of specific needs and desires. Sometimes used interchangeably with ‘capitalist economy’, but this is an error since a cooperatively based economy could also be operated on market principles. See: INVISIBLE HAND OF THE MARKET in this legal dictionary and in the world encyclopedia of law.
Market Economy: Resources
Notes and References
- Drislane, R., & Parkinson, G. (2016). (Concept of) Market Economy. Online dictionary of the social sciences. Open University of Canada
Resources
Legal English Vocabulary: Market Economy in Spanish
Online translation of the English legal term market economy into Spanish: economía de mercado (English to Spanish translation) . More about legal dictionary from english to spanish online.
Related to the Legal Thesaurus
Market economy in Global Commerce Policy
In this regard, market economy is: an economy in which the price mechanism determines what is produced and traded, though too often price signals are distorted by subsidies, industry policy and other types of government intervention. See also centrally-planned economies.[1]
Market economyin the wold Encyclopedia
For an introductory overview on international trade policy, see this entry.
Resources
Notes and References
- Dictionary of Trade Policy, “Market economy” entry (OAS)
See Also
Resources
See Also
- Economy
- Economic System
- Legal System
- Capitalism
Hierarchical Display of Market economy
Economics > Economic structure > Economic system
Economics > Economic policy > Economic policy > Economic liberalism
Trade > Trade > Supply and demand
Meaning of Market economy
Overview and more information about Market economy
For a more comprehensive understanding of Market economy, see in the general part of the online platform.[rtbs name=”xxx-xxx”]
Resources
Translation of Market economy
- Spanish: Economía de mercado
- French: économie de marché
- German: Marktwirtschaft
- Italian: Economia di mercato
- Portuguese: Economia de mercado
- Polish: Gospodarka rynkowa
Thesaurus of Market economy
Economics > Economic structure > Economic system > Market economy
Economics > Economic policy > Economic policy > Economic liberalism > Market economy
Trade > Trade > Supply and demand > Market economy
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