166 Another Word for Market-based? – Market-based Synonyms & Antonyms

Want to say market-based differently? Here are other words for market-based and its similar synonyms and opposite words to say in unique way.


Meaning of market-based

The primary meaning of "market-based" refers to something that is driven by or dependent on market forces, such as supply and demand, competition, and consumer preferences.

Etymology of market-based

The term "market-based" has its roots in the concept of a market economy, which emerged in the 18th century with the work of Adam Smith and other classical economists
The word "market" itself comes from the Old French "marché", which is derived from the Latin "mercatus", meaning "trade" or "commerce"
The term "market-based" is a relatively modern construct, reflecting the increasing importance of market forces in shaping economic and social outcomes

Synonyms

economically driven commercially based trade-based competition-driven supply-and-demand demand-driven consumer-driven business-oriented profit-driven financially motivated economically motivated commerce-based industry-driven free-market capitalist privatized deregulated liberalized open-market commercialized industrialized entrepreneurial venture-based investment-driven revenue-based income-driven financially based economically oriented market-oriented trade-oriented commerce-oriented business-based profit-oriented competitive laissez-faire deregulated unregulated unrestricted monopolistic oligopolistic capitalistic socialistic communistic mixed-economic

Definitions

  • Based on Oxford Languages, "market-based" is defined as:
  • * Based on the forces of supply and demand in a market
  • * Driven by or dependent on market forces, such as competition and consumer preferences
  • * Relating to or characterized by the use of market mechanisms to achieve a particular goal or objective

Usage Examples

  • The company's market-based approach to pricing helped it to stay competitive in a rapidly changing market
  • The government's market-based reforms aimed to increase efficiency and reduce costs in the public sector
  • The market-based system of healthcare has been criticized for prioritizing profits over people

Antonyms

command-based planned controlled regulated centralized socialist communist state-run government-controlled bureaucratic authoritarian directive prescriptive restrictive protectionist isolationist autarkic self-sufficient non-market non-commercial non-competitive uncompetitive monopolistic oligopolistic cartelized collusive anti-competitive restrictive protectionist mercantilist dirigiste interventionist

Related Adjectives

market economic commercial industrial business financial competitive consumer-driven profit-driven revenue-based income-driven financially motivated economically motivated trade-based commerce-based industry-driven free-market capitalist privatized deregulated liberalized open-market commercialized industrialized entrepreneurial venture-based investment-driven

Related Nouns

market economy trade commerce industry business company firm enterprise venture investment finance capital revenue income profit loss competition consumer customer client supplier vendor partner stakeholder shareholder regulator government policy reform deregulation liberalization privatization commercialization industrialization

Related Verbs

trade commerce market sell buy invest finance capitalize revenue profit compete deregulate liberalize privatize commercialize industrialize regulate control direct manage administer govern reform transform change modify adjust adapt
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