free market

American  

noun

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

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free market British  

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

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free market Cultural  

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

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Other Word Forms

• free marketeer
  noun
• free-market
  adjective

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Example Sentences

See Examples For:

free market

But the unyielding free market advocate likely became just as well known for his opposition to Proposition 103, the landmark 1988 insurance initiative that regulated the industry following a period of skyrocketing auto premiums.

From Los Angeles Times ● Sep. 4, 2026

And it remains unclear whether their economic policies can coexist with a free market or be adequately funded without ballooning budget deficits.

From The Wall Street Journal ● Jun. 9, 2026

The free market produced unprecedented growth in U.S. oil and gas production and exports.

From Barron's ● Jan. 23, 2026

The future of Rodman was of great interest to Europe's most successful clubs with the potential to pick up a world-class player in the free market.

From BBC ● Jan. 23, 2026

The fate of Scion Capital turned on these bets, but that fate was not, in the short run, determined by an open and free market.

From "The Big Short" by Michael Lewis

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Related Words

• liberalism

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