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Definitions from the Web

Market-based

Part of Speech: Adjective

Sense 1: Relating to or based on the principles of a market economy.

Example sentence: The market-based approach encourages competition between businesses, leading to efficient allocation of resources.

Sense 2: Determined by or influenced by market forces or factors.

Example sentence: The price of the stock is market-based and can fluctuate based on supply and demand.

Part of Speech: Noun

Sense 1: A system or approach that operates on principles of a market economy.

Example sentence: The country adopted a market-based to stimulate economic growth.

Sense 2: A mechanism or method for determining prices, values, or resources based on supply and demand.

Example sentence: The market-based mechanism enabled fair distribution of goods and services among consumers.

Part of Speech: Adverb

Sense 1: In a manner that is consistent or aligned with market principles or forces.

Example sentence: The company decided to price their products market-based to remain competitive in the industry.

Related Products on Amazon:

• Market Economy Books
• Supply and Demand
• Economic Growth