price system The rise and fall of prices in a market system that creates incentives, conveys information and results in the production of goods and services and the distribution of incomes. Related Related Articles: Where a Pop in a Corn Price is a ProblemHow Hospital Price Transparency Became FoggyWhat We Would Have Paid For Grumpy CatWhat We Can Learn From a Rich German ShepherdWhat is the Price of a Rain Forest? Ann Mills Share This Previous Articleopen corporation Next Articlerecession December 17, 2020