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market economy - Meaning in Punjabi

noun

ਮਾਰਕੀਟ ਆਰਥਿਕਤਾ
+1

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Definitions and Meaning of market economy in English

market economy noun

an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
Synonyms
free enterprise, laissez-faire economy, private enterprise

Synonyms of market economy

free enterprise, laissez-faire economy, private enterprise

Antonyms of market economy

non-market economy

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Description

A market economy is an economic system in which the decisions regarding investment, production and distribution to the consumers are guided by the price signals created by the forces of supply and demand. The major characteristic of a market economy is the existence of factor markets that play a dominant role in the allocation of capital and the factors of production.

Also see "Market economy" on Wikipedia

Also See

What is another word for market ?

Sentences with the word market

Words that rhyme with market

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Sentences with the word economy

Words that rhyme with economy

English Punjabi Translator

What is market economy meaning in Punjabi?

The word or phrase market economy refers to an economy that relies chiefly on market forces to allocate goods and resources and to determine prices. See market economy meaning in Punjabi, market economy definition, translation and meaning of market economy in Punjabi. Find market economy similar words, market economy synonyms. Also learn market economy opposite words, market economy antonyms. Learn and practice the pronunciation of market economy. Find the answer of what is the meaning of market economy in Punjabi.

Other languages: market economy meaning in Hindi

Tags for the entry "market economy"

What is market economy meaning in Punjabi, market economy translation in Punjabi, market economy definition, pronunciations and examples of market economy in Punjabi.

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