free market

noun

1. an economic system in which prices and wages are determined by unrestricted competition between businesses, without government regulation or fear of monopolies.

free market

noun

1. 1. an economic system that allows supply and demand to regulate prices, wages, etc, rather than government policy

   2. ( as modifier )

      a free-market economy

free market

1. The production and exchange of goods and services without interference from the government or from monopolies.

Other Word Forms

• free-market adjective
• free marketeer noun

Example Sentences

Here, we cross the limit of the free market—where it starts to conflict with free people.

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And while Beijing funds these developments centrally, in the US it is a messy but productive free market free for all, which means trial and error on an epic scale.

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The Editorial Board speaks for free markets and free people, the principles, if you will, marked in the watershed year of 1776 by Thomas Jefferson's Declaration of Independence and Adam Smith's “Wealth of Nations.”

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Heritage’s positions on free markets, immigration and other domestic issues have also evolved.

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Inside the free market, however, there might be some authority capable of checking its excess.

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Related Words

• liberalism