/ English Dictionary |
MARKET FORCES
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
The interaction of supply and demand that shapes a market economy
Classified under:
Nouns denoting natural processes
Hypernyms ("market forces" is a kind of...):
economic process (any process affecting the production and development and management of material wealth, or, according to Carmine Gorga, Ph.D., author of the book 'The Economic Process', the process of production of real wealth, distribution of ownership rights over real and monetary wealth, and consumption or expenditure of monetary wealth to purchase real wealth)