It takes Mars about 687 Earth days (1.882 Earth years) to orbit the  Sun.    The orbital path of Mars is about twice that of Earth. Mars orbits  about 227 million kil â¦ ometers away from the Sun. The planet travels  a distance of approximately 1.43 billion kilometers (888 million  miles) in 686.971 Earth days.It takes 1.88 years for mars to make one revolution around the sun. It takes Mars 25 hours to orbit the sun, (24 hours, 37 mins).he planet travels  a distance of approximately 1.43 billion kilometers (888 million  miles) in 686.971 Earth days. It takes 1.88 years for mars to make one revolution around the sun. It takes Mars 25 hours to orbit the sun, (24 hours, 37 mins).
DEFINITION of 'Market Economy'. An economic system in which economic decisions and the pricing of goods and services are guided solely by the aggregate interactions of a country's citizens and businesses and there is little government intervention or central planning.
1 Definition of market economy: an economy that allocates resources through the decentralized decisions of many firms and households as they interact in markets for goods and services.  Market prices reflect both the value of a product to consumers and the cost of the resources used to produce it.