Free market: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add link.) |
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* [[Competition]] | * [[Competition]] | ||
* [[Efficient market]] | * [[Efficient market]] | ||
* [[Fair market]] | |||
* [[Four freedoms]] | * [[Four freedoms]] | ||
* [[Fully planned economy]] | * [[Fully planned economy]] |
Latest revision as of 15:11, 24 February 2022
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.