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  2. In economics, a free market is an economic system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of government or any other external authority.
    en.wikipedia.org/wiki/Free_market
    A free market is a system in which the prices for goods and services are determined by the open market and consumers, in which the laws and forces of supply and demand are free from any intervention by a government, price-setting monopoly, or other authority. It is a result of a need being, then the need being met.
    simple.wikipedia.org/wiki/Free_market
    The free market is an economic system based on supply and demand with little or no government control. One of the central principles of a free market is the concept of voluntary exchange, which is defined as any transaction in which two parties freely trade goods or services.
    www.investopedia.com/terms/f/freemarket.asp
    Free enterprise is a system wherein market forces determine the production, supplies, and prices of goods and services. As such, it is also referred to as a free market. Free markets are, in principle and practice, defined by private property rights, voluntary contracts, and competitive bidding for goods and services in the marketplace.
    www.investopedia.com/terms/f/free_enterprise.asp
     
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    WEBA capitalist free-market economy is an economic system where prices for goods and services are set freely by the forces of supply and demand and are expected by its supporters to reach their point of equilibrium without …

  9. What Is a Free Market Economy? - ThoughtCo

    WEBMay 5, 2019 · A free market economy is one that is governed by supply and demand with no governmental influence. Learn about its characteristics, pros and cons, and how it differs from other economic …

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  10. Market Economy: Brief History, Features, How It …

    WEBSep 25, 2023 · A free market is one where voluntary exchange and the laws of supply and demand provide the sole basis for the economic system, with minimal government intervention. A key feature of free markets...

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  11. Market (economics) - Wikipedia

    WEBIn economics, a market that runs under laissez-faire policies is called a free market: it is "free" from the government, in the sense that the government makes no attempt to intervene through taxes, subsidies, minimum …

  12. Market socialism - Wikipedia

    WEBMarket socialism is the general designation for a number of models of economic systems. On the one hand, the market mechanism is utilized to distribute economic output, to organize production and to allocate factor …

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