|
WordNet-Online
Definitions from WordNet | ||||
Definitions from the WebNon-market EconomyDescription:A non-market economy refers to an economic system where resource allocation, production, and distribution are largely controlled or influenced by the government or central planning authorities, rather than being determined by market forces such as supply and demand. Senses and Usages:Sense 1 - Economic System:In the field of economics, non-market economy refers to a system in which the government plays a significant role in regulating and directing economic activities, often through state-owned enterprises and centralized planning. Example Sentence: While China has experienced significant economic growth, it is still considered a non-market economy due to the dominant role of state-owned enterprises in various sectors. Sense 2 - International Trade:In the context of international trade, non-market economy is a term used to classify countries that do not operate on market-based principles, potentially affecting their treatment in trade disputes, antidumping investigations, and trade agreements. Example Sentence: The recent trade negotiations between the United States and several non-market economy countries have raised concerns about fair competition and intellectual property protection. Related Products:Explore possible related products on Amazon: | ||||
non-life non-linear non-listing non-living non-luminous non-magical non-mainstream non-mandarin non-market economy non-married non-material non-materialistic non-mathematical non-medical non-merger non-miscible non-mnemonic
|