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  2. Dictionary

    mar·ket e·con·o·my
    [market economy]
    noun
    market economy (noun) · market economies (plural noun)
    1. an economic system in which production and prices are determined by unrestricted competition between privately owned businesses:
      "the process of transition to a market economy led to major changes"
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  3. What Is a Market Economy and How Does It Work? - Investopedia

     
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  5. What is a market economy? Definition and meaning

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