Free market: Difference between revisions
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imported>Doug Williamson (Expand for capitalism.) |
imported>Doug Williamson (Expand first sentence.) |
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''Economics.'' | ''Economics.'' | ||
A free market is an economy where resources are allocated by the market by means of the market mechanism. | |||
Relatively free markets are an essential element of capitalism. | Relatively free markets are an essential element of capitalism. |
Revision as of 13:50, 4 August 2019
Economics.
A free market is an economy where resources are allocated by the market by means of the market mechanism.
Relatively free markets are an essential element of capitalism.