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.
There are four primary types of economic systems in the world: traditional, command, market and mixed. Each economy has its strengths and weaknesses, its sub-economies and tendencies, and, of course, a troubled history.Below we examine each system in turn and give ample attention to the attributes listed above.. A market economy is very similar to a free market. The government does not control vital resources, valuable goods or any other major segment of the economy. In this way, organizations run by the people determine how the economy runs, how supply is generated, what demands are necessary, etc.