MARKET ECONOMY as NOUN

1. Meaning
   • an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
   Synonym(s)
   • free enterprise (what does free enterprise mean?)
   • laissez-faire economy (what does laissez-faire economy mean?)
   Hypernyms(s) market economy is a kind of… Example: animal is a hypernym of mammal, plant is a hypernym of flower
   • economy (what does economy mean?)
   • economic system (what does economic system mean?)
   Antonym(s)
   • non-market economy (what does non-market economy mean?)
   Hyponym(s)
   • capitalism (what does capitalism mean?)
   • capitalist economy (what does capitalist economy mean?)