African Studies Thesaurus

market economy       Search catalogue 294924205

STA
Approved

UPD
2012-03-23

DUT
markteconomie

IND
1

MIS
Strictly, an economic system in which the allocation of resources is determined solely by supply and demand in free markets, though in practice there are some limitations on market freedoms in all countries. Moreover, in some countries governments intervene in free markets to promote competition that might otherwise disappear. ( The Penguin Dictionary of Economics, 1998)

PPN
294924205

UDC
330.824

MRF
330.342.172

BT1
economic systems

UF
capitalist economy
free market economy
laissez-faire

RT
capitalism
competition
privatization
supply and demand

BSO
11.01 ECONOMICS IN GENERAL, ECONOMIC SYSTEMS

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