market economy

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

рыночная экономика

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.
Многие страны переходят от плановой экономики к рыночной экономике.
The principles of a market economy emphasize free trade and minimal government intervention.
Принципы рыночной экономики подчеркивают свободную торговлю и минимальное вмешательство государства.