This is the 9297th most frequent German word.
marktwirtschaft
"Marktwirtschaft" translates to "market economy," referring to an economic system where supply and demand drive production and pricing decisions.
Here, 'Marktwirtschaft' is used as a noun representing the economic system focused on markets.
Die Marktwirtschaft ist ein zentraler Aspekt moderner Ökonomien.
The market economy is a central aspect of modern economies.
The term 'Marktwirtschaft' is portrayed as the framework where various economic phenomena take place.
In der Marktwirtschaft entscheiden Angebot und Nachfrage über die Preise.
In a market economy, supply and demand determine the prices.
'Marktwirtschaft' in this context emphasizes its characteristics and the resulting socio-economic benefits.