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

Binderfender Hound

1. A dog, typically a pekingese or a cocker spaniel, that continually emits foul-smelling binderfenders. Binderfender hounds are often la..

Nobservation

1. Stating the obvious in self defense after making a really stupid mistake. Person having lost their car keys: Well, its hard to find so..

Ooze'n'snooze

1. To masturbate and then fall asleep Person 1: Damn, it's getting late. I think I'm going to whack it and then pass out. Perso..

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Market Economy Edit Meaning