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Term

market economy

Term

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. (Source: AMOS2)

Synonyms:

Source:

GEMET - Environmental thesaurus

Context:

Comment

Definition source publication

Publication year

Definition source URL

http://www.eionet.europa.eu/gemet/aliss_scripts/concept/5061

Organisation

Organisation full name

Subjects

Long definition

Permalinks

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For references, please go to https://www.eea.europa.eu/help/glossary/gemet-environmental-thesaurus/market-economy or scan the QR code.

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