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  2. Free market economic policies are characterized by12:
    • Lack of government intervention: In a free market, the laws of supply and demand determine economic outcomes without central government regulation.
    • Voluntary exchange: Buyers and sellers freely trade goods and services.
    • Self-regulation: Businesses compete to provide superior products and services based on consumer needs.
    Learn more:
    A free market is one where the laws of supply and demand provide the sole basis for the economic system, without government intervention. A core tenet of free markets is the idea of voluntary exchange, transactions in which buyers and sellers freely trade goods and services.
    www.investopedia.com/terms/f/freemarket.asp
    A free market is a self-regulated economy that runs on the laws of demand and supply. In a truly free market, a central government agency does not regulate any aspect of the economy. By removing government regulations, the nature of the free market forces businesses to provide superior products and services that address consumers’ needs.
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