market economy
US /ˈmɑːr.kɪt ɪˈkɑː.nə.mi/
UK /ˈmɑːr.kɪt ɪˈkɑː.nə.mi/
1.
市场经济
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.
许多国家正在从计划经济向市场经济转型。
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The principles of a market economy emphasize free trade and minimal government intervention.
市场经济的原则强调自由贸易和最小的政府干预。