mākete ohaoha wātea
free market economy
Mātauranga
Education
He Tautuhinga
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Definition
He pūnaha ohaoha e kitea ai te whakatauria o ngā utu i waenga i ngā pakihi tūmataiti.
An economic system in which prices are determined between privately owned businesses.
He Tauira
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Example
Kei te pai te tupu o te mākete ohaoha wātea.
The free market economy is growing well.