Eionet
Data Dictionary
This service is part of Reportnet
Concept: market economy in the concept vocabulary
| Concept URI | http://www.eionet.europa.eu/gemet/concept/5061 |
|---|---|
| Preferred label | market economy |
| Definition | A mixed economy that relies heavily on markets to answer the three basic questions of allocation, but with a modest amount of government involvement. While it is commonly termed capitalism, market-oriented economy is much more descriptive of how the economy is structured. |
| Notation | |
| Status | Valid |
| Status Modified | 2013-12-05 |
| Accepted Date | 2013-12-05 |
| Not Accepted Date | |
| Alternative label | |
| Has broader | |
| Has exact match | |
| Has close match | |
| Source |
European Environment Agency
Kgs. Nytorv 6, DK-1050 Copenhagen K, Denmark