market economy
US /ˈmɑːr.kɪt ɪˈkɑː.nə.mi/
UK /ˈmɑːr.kɪt ɪˈkɑː.nə.mi/
1.
economia de mercado
an economic system in which production and prices are determined by unrestricted competition between privately owned businesses.
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Many countries are transitioning from planned economies to a market economy.
Muitos países estão em transição de economias planificadas para uma economia de mercado.
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The principles of a market economy emphasize free trade and minimal government intervention.
Os princípios de uma economia de mercado enfatizam o livre comércio e a mínima intervenção governamental.