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Discover LudwigThe phrase "a functioning individual market" is correct and usable in written English.
It can be used when discussing economic concepts, particularly in the context of market dynamics or competition.
Example: "In order to achieve sustainable growth, it is essential to establish a functioning individual market for renewable energy sources."
Alternatives: "an operational single market" or "a viable separate market".
Exact(1)
In a proper market, individuals are better suited to buy insurance that fits them best.But creating a functioning individual market, as everyone knows, is complicated.
Similar(59)
We need a clear and sustainable framework to work from, so insurers can help to establish a functioning market, and individuals and the state can work in partnership, to determine an affordable and permanent solution for the funding of long-term care.
I've written about it in these pages recently as "privatised despair": how individuals struggle by, even as the social settlement they rely upon – welfare, a functioning jobs market – is dismantled.
This, of course, assumes that the European Union remains a functioning single market with a common currency.
In fact, insuring all Americans via Medicare would be a smaller cultural departure than would creating a functioning market for health insurance in which individuals do their own shopping.
Indeed, tobacco taxes assume the existence of a functioning market in tobacco products.
4. To have a functioning market, someone must provide liquidity.
Unless consumers are required to purchase insurance — or face a meaningful penalty — individual markets may not function effectively over the long term.
Chafee proposed placing the ultimate responsibility for insurance with the individual while seeking to develop a functioning insurance market.
The second model uses the survey data in a cross-sectional regression (OLS) model to ask questions about the amount of deforestation associated with each individual farmer and to explain these choices as a function of individual socio-demographic, market, environmental, and geographic variables.
Bundled pricing is a characteristic of a normally functioning market.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com