#market_economy__free_enterprise__laissez-faire_economy__laissezfaireeconomy an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
exclusion: #non-market_economy
subtype: #capitalism an economic system based on private ownership of capital
supertype: #economic_system__economy the system of production and distribution and consumption
supertype: #system a group of independent but interrelated elements comprising a unified whole; "a vast system of production and distribution and consumption keep the country going"
supertype: #group__grouping any number of entities (members) considered as a unit
supertype: pm#collection something gathering separated things (entities/situations)
supertype: pm#divisible_entity__divisibleentity many classifications under this category are application-dependant
supertype: pm#entity something that can be "involved" in a situation
supertype: pm#thing__something___T__t___3D_or_4D_thing_or_anything_else any category (type or individual) is instance of this type; any type is also a subtype of this type
supertype: pm#divisible_thing__divisiblething
supertype: pm#thing__something___T__t___3D_or_4D_thing_or_anything_else any category (type or individual) is instance of this type; any type is also a subtype of this type
No statement uses or specializes #market_economy; click here to add one.