Market Economy

What is Market Economy?

Production of goods and services is not planned by individuals,rather production is determined by the interaction of supply and demand forces.

Example of Market economy are USA and West european countries

See market economy, capitalism

Linthead

1. a derogatory term for an employee of a textile mill, particularly in the Hill Country of the American South. The term came into usage in..

J Crew U

1. A nickname for Miami University of Ohio, a school that has a reputation for being comprised of mostly "rich preppy white kids"..

Lampier

1. word used in early morning procrastination hours to describe fictional lamps that lamp COULD be lampier adverbative: lampiered See bi..

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Market Economy Edit Meaning