What are the opposite words for nonmarket economy?
The term "nonmarket economy" refers to an economic system in which goods, services, and resources are allocated through government regulation rather than the free market. Antonyms for this term include "market economy," "capitalist economy," or "free-market economy." A market economy is one in which prices are set by supply and demand and businesses compete for customers without government intervention. A capitalist economy is a market-based system in which private individuals or companies own and control the means of production. A free-market economy is one in which there is no government intervention and buyers and sellers are free to engage in exchanges based on their own self-interest.
What are the antonyms for Nonmarket economy?
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