non-market economy

Definitions of non-market economy

1. noun

   an economy that is not a market economy
   antonyms:

   market economy

   an economy that relies chiefly on market forces to allocate goods and resources and to determine prices

   types:

   managed economy

   a non-market economy in which government intervention is important in allocating goods and resources and determining prices

   socialism, socialist economy

   an economic system based on state ownership of capital

   mercantile system, mercantilism

   an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests

   communist economy

   the managed economy of a communist state

   type of:

   economic system, economy

   the system of production and distribution and consumption