Free market: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add links.) |
imported>Doug Williamson (Add link.) |
||
| Line 9: | Line 9: | ||
* [[Capitalism]] | * [[Capitalism]] | ||
* [[Competition]] | * [[Competition]] | ||
* [[Efficient market]] | |||
* [[Four freedoms]] | * [[Four freedoms]] | ||
* [[Fully planned economy]] | * [[Fully planned economy]] | ||
Revision as of 23:20, 23 March 2021
Economics.
A free market is an economy - or part of an economy - where resources are allocated by the market by means of the market mechanism.
Relatively free markets are an essential element of capitalism.
