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  2. The U.S. is a highly capitalist country whose economy embodies the essence of a free market. However, it cannot be considered a 100% pure free market. The U.S. has federal and state minimum wages to protect workers from exploitation. It has antitrust laws to prevent monopolies from price gouging. It has regulations governing corporate behavior.
    www.investopedia.com/ask/answers/042215/what-difference-between-capitalist-system-and-free-market-system.asp
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    WEBFeb 17, 2020 · A free market economy requires consumption to survive. If people decide to save their money instead of spending it on goods and services, then a free market economy will struggle to stay alive. …

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    WEBJun 26, 2024 · The term “free market” is sometimes used as a synonym for laissez-faire capitalism. When most people discuss the “free market,” they mean an economy with unobstructed competition and only...

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