Free market: Difference between revisions
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imported>Doug Williamson (Link with Thatcherism page.) |
imported>Doug Williamson (Expand for capitalism.) |
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An economy where resources are allocated by the market by means of the market mechanism. | An economy where resources are allocated by the market by means of the market mechanism. | ||
Relatively free markets are an essential element of capitalism. | |||
== See also == | == See also == | ||
* [[Capitalism]] | |||
* [[Four freedoms]] | * [[Four freedoms]] | ||
* [[Fully planned economy]] | * [[Fully planned economy]] |
Revision as of 15:18, 10 July 2018
Economics.
An economy where resources are allocated by the market by means of the market mechanism.
Relatively free markets are an essential element of capitalism.