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Concept Breadcrumbs

Preferred Term:

market economy

Definition:
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.
Concept Schemes:
https://lod.nal.usda.gov/nalt-core
NALT Full
Broader Concept:
Entry Terms:
  • market economies
URI:
https://lod.nal.usda.gov/nalt/130640
Download this Concept:
RDF/XMLCreated 2009-07-08, last modified 2017-06-27