Sample Sentences for
market economy
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  • As a hub for Pakistan's black-market economy, the city was filled with unsavory characters.†  (source)
  • You think like that because you live in a market economy.  (source)
    market economy = an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
  • It is the consumer who, through his or her purchases, has the ultimate say over the major economic decisions in a market economy.†  (source)
    market economy = an economic system where most decisions are made through voluntary buying and selling
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The debate compared a command economy to a market economy, asking which gave people more freedom to decide what to produce and purchase.†
market economy = an economic system where most decisions are made through voluntary buying and selling
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