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Related Definitions
Pure capitalism or market economy Pure capitalism or market economy is an economic system in which economic decisions are made freely according to the market forces of supply and demand.
Market economy Market economy is an economic system where investment, supply, price, and distribution are determined by the by the economic forces of supply and demand.
Mixed market economy Mixed market economy is the economic system that draws from both types of economies, to different degrees.
Free market economy Free market economy is an economic system in which resources are primarily owned and controlled by the private sector.
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