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Non-Market Economy শব্দের বাংলা অর্থ: অ বাজার অর্থনীতি
Non-Market Economy Meaning In Bengali অ বাজার অর্থনীতি
Non-Market Economy
Definition
1) Non-Market Economy: A system in which the prices of goods and services are set by the government rather than determined by supply and demand in a competitive market.
2) Non-Market Economy: An economic system where the government plays a significant role in controlling the allocation of resources and setting production targets, often leading to inefficiencies and lack of innovation.
3) Non-Market Economy: A country or region that does not operate according to the principles of a free-market economy, instead having centralized control over major economic decisions such as pricing, production, and distribution.
Examples
Non-Market Economy Example in a sentence
1) China is sometimes referred to as a non-market economy due to its government interventions in the economy.
2) A country transitioning from a command economy to a market economy may face challenges in becoming a non-market economy.
3) In a non-market economy, prices are often regulated or set by the government rather than determined by supply and demand.
4) Countries with non-market economies may have restrictions on international trade to protect domestic industries.
5) The government in a non-market economy may heavily subsidize certain industries to support economic growth.
6) Transitioning from a non-market economy to a market economy can lead to increased competition and efficiency.
7) Non-market economies may struggle to attract foreign investment due to concerns about government interference.
8) In a non-market economy, individuals may have limited influence over production and pricing decisions.
9) Some economists argue that transitioning to a market economy can lead to more sustainable growth than remaining a non-market economy.
10) Understanding the differences between a market economy and a non-market economy is essential for analyzing economic policies and outcomes.
Part of Speech
Non-Market Economy (Noun)
Synonyms
Encyclopedia
Non-Market Economy: A system in which the prices of goods and services are set by the government rather than determined by supply and demand in a competitive market.
Non-Market Economy: An economic system where the government plays a significant role in controlling the allocation of resources and setting production targets, often leading to inefficiencies and lack of innovation.
Non-Market Economy: A country or region that does not operate according to the principles of a free-market economy, instead having centralized control over major economic decisions such as pricing, production, and distribution.
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