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TeachMeFinance.com - explain Market Economy Market economy -- The national economy of a country that relies on market forces to determine levels of production, consumption, investment, and savings without government intervention. another definition... Market Economy -- An economic system where resources are allocated and production of goods determined by market forces rather than by government decree. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.