market economy

US /ˈmɑːr.kɪt ɪˈkɑː.nə.mi/
UK /ˈmɑːr.kɪt ɪˈkɑː.nə.mi/
"market economy" picture
1.

市場経済

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.
多くの国が計画経済から市場経済へと移行している。
The principles of a market economy emphasize free trade and minimal government intervention.
市場経済の原則は、自由貿易と政府の介入の最小化を強調している。