HyperDic: non-market_economy

English > 1 sense of the expression non-market economy:
NOUNgroupnon-market economyan economy that is not a market economy
English > non-market economy: 1 sense > noun 1, group
MeaningAn economy that is not a market economy.
Narrowermanaged economyA non-market economy in which government intervention is important in allocating goods and resources and determining prices
Broadereconomy, economic systemThe system of production and distribution and consumption
Oppositemarket economy, free enterprise, private enterprise, laissez-faire economyAn economy that relies chiefly on market forces to allocate goods and resources and to determine prices

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