Meaning 1formal · 82%
An economic system where supply and demand largely shape prices and production.
Natural examples
In einer Marktwirtschaft reagieren Preise auf die Nachfrage.
In a market economy, prices respond to demand.
Die Debatte über die Marktwirtschaft wurde im Parlament fortgesetzt.
The debate about the market economy continued in parliament.
Eine Marktwirtschaft braucht klare Regeln gegen Betrug.
A market economy needs clear rules against fraud.
Usage note
Feminine noun; a social market economy is one particular form. It names a system, not a marketplace.
Mini-lesson: Marktwirtschaft
An economic system where supply and demand largely shape prices and production. Feminine noun; a social market economy is one particular form. It names a system, not a marketplace.
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