🇮🇳Hindi Source WordCode: HI

मुक्त बाजार समूह

Pronunciation / Transliteration: mukt bazaar samuh

🇬🇧 Direct English Meaning:
Free-Market-Bloc/friː ˈmɑːrkɪt blɒk/
nounCEFR C1 (Advanced)Top #15000 frequency
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🇮🇳 Example Sentence in Hindi:

"मुक्त बाजार समूह ने व्यापार को बढ़ावा दिया है।"

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A coalition of countries or regions that promote free trade and economic cooperation among themselves.

    "The free-market-bloc has successfully negotiated trade agreements that benefit all member nations."
  2. 2

    An alliance of businesses or organizations that advocate for free-market policies.

    "The free-market-bloc lobbied for deregulation to enhance competition in the industry."

Thesaurus & Semantic Spectrum

Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term 'free market' originates from the 18th century, derived from the French 'marché libre', referring to an economic system where prices are determined by unrestricted competition between privately owned businesses. 'Bloc' comes from the French word for 'block', indicating a group or coalition formed for a common purpose.

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