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NALT Concept Space
U.S. Department of Agriculture

NALT Full

Concept information

  1. Fields of Study
  2. economics
  3. economic systems
  4. market economy
  1. Economics, Trade, Law, Business, Industry
  2. economics
  3. economic systems
  4. market economy

Preferred term

market economy

Type

  • Topic

Definition

  • Information An economic system in which goods and services are exchanged in a market free from government regulation or direction, and production and consumption of goods and services is driven by consumer demand and producer supply.

    Source: NAL Thesaurus Staff

    Type: Concept definition

Broader concept

Related concepts

Synonyms

  • market economies

In other languages

URI

https://lod.nal.usda.gov/nalt/130640

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RDF/XML TURTLE JSON-LD Created 7/8/09, last modified 6/27/17