non-market economy

Definitions of non-market economy
  1. noun
    an economy that is not a market economy
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    Antonyms:
    free enterprise, laissez-faire economy, market economy, private enterprise
    an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
    types:
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    managed economy
    a non-market economy in which government intervention is important in allocating goods and resources and determining prices
    socialism, socialist economy
    an economic system based on state ownership of capital
    mercantile system, mercantilism
    an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests
    communist economy
    the managed economy of a communist state
    type of:
    economic system, economy
    the system of production and distribution and consumption
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