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— John Milton

Say, Heavenly Muse, shall not thy sacred vein 15

Afford a present to the Infant God?

Hast thou no verse, no hymn, or solemn strain,

To welcome him to this his new abode,

…

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adjective

Able to be tolerated or allowed; satisfactory or suitable for a particular purpose or situation.

“The teacher said that a score of 70% or higher was acceptable for passing the test.”

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Dictionary Entry

market economy

Part of Speechnoun

An economy in which goods and services are exchanged in a free market, as opposed to a state-controlled or socialist economy; a capitalistic economy.

Origin

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Common Phrases

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Synonyms

No synonyms yet.

Antonyms

command economymixed economyplanned economy

Related Words

free enterpriselaissez-faire economyfree marketmoney economymarketsharing economyperfect marketmarket equilibrium

Poetry examples for “market economy”

Excerpts from the ReadingWillow English Library collection.

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