free market
Definition
Where buyers and sellers can make the deals they wish to make without any interference, except by the forces of demand and supply. A stockmarket comes closest to this ideal. See also market economy and open market.
free market is in the Banking, Commerce & Finance and Economics, Politics, & Society subjects.
free market appears in the definitions of the following terms:
perfect competition,
managed currency,
non-price competition,
capitalism,
market mechanisms,
Keynesian economics,
private enterprise,
price determination,
Austrian School of Economics,
black market
and
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