Phrase guide
Definitions and examples are grouped by meaning. Pronunciation, history, word forms, translations, descendants, synonyms, antonyms, derived terms, and related words appear whenever the source provides them.
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noun
An economic system of business governed by the laws of supply and demand with minimal government interference, regulation, or subsidy.
Definition source: English Wiktionary via Wiktextract
Usage: uncountable
No example sentence was provided for this meaning.
Synonyms: none provided
Antonyms: none provided
noun
an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
Definition source: Princeton WordNet 3.0
No example sentence was provided for this meaning.
Synonyms: market economy, private enterprise, laissez-faire economy
Antonyms: none provided
Broader terms: economy, economic system
Narrower terms: capitalism, capitalist economy
History
No etymology was provided for this word.
Across languages
7 source translations are retained for this English entry.
