Capitalist economy and Market economy

Capitalist economy noun - An economic system based on private ownership of capital.

Market economy and capitalist economy are semantically related. In some cases you can use "Market economy" instead a noun phrase "Capitalist economy".

Market economy noun - An economy that relies chiefly on market forces to allocate goods and resources and to determine prices.

Capitalist economy and market economy are semantically related. Sometimes you can replace phrase "Capitalist economy" with "Market economy", this phrases are similar.