market economy
US /ˈmɑːr.kɪt ɪˈkɑː.nə.mi/
UK /ˈmɑːr.kɪt ɪˈkɑː.nə.mi/
1.
ekonomi pasar
an economic system in which production and prices are determined by unrestricted competition between privately owned businesses.
:
•
Many countries are transitioning from planned economies to a market economy.
Banyak negara beralih dari ekonomi terencana ke ekonomi pasar.
•
The principles of a market economy emphasize free trade and minimal government intervention.
Prinsip-prinsip ekonomi pasar menekankan perdagangan bebas dan intervensi pemerintah yang minimal.