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market economy; free economy; free enterprise economy; free market economy; liberal economy; market oriented economy | |||
market economy A mixed economy that relies heavily on markets to answer the three basic questions of allocation, but with a modest amount of government involvement. While it is commonly termed capitalism, market-oriented economy is much more descriptive of how the economy is structured |
markedsøkonomi: 19 phrases in 4 subjects |
Economy | 14 |
Finances | 3 |
General | 1 |
Law | 1 |