an economic system in which prices and wages are determined by unrestricted competition between businesses, without government regulation or fear of monopolies.
- free-market, adjective
- free marketeer, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use free market in a sentence
Overall, the Republican commissioners have adhered to the idea that reducing regulations would encourage the free market to address any shortcomings when it comes to coverage and affordability.The FCC is about to undergo a huge shift that could drastically affect the internet | Stan Horaczek | January 22, 2021 | Popular-Science
An authoritarian government and a free market can’t co-exist.As Americans Crave Stability After Capitol Attack, CEOs Step Into the Leadership Void | Eben Shapiro | January 17, 2021 | Time
His scholarship critically analyzes everything from elite fetishization of GDP to the assumption that free markets lead to positive outcomes for American workers.
We can’t wait for free markets to nudge along nonpolluting products.The pandemic taught us how not to deal with climate change | James Temple | January 1, 2021 | MIT Technology Review
For GOP senators with evident presidential dreams like Josh Hawley and Marco Rubio, that means an end to “free market fundamentalism” and a new willingness to benefit working-class earners at the expense of the wealthy when cutting taxes.
It likely would have appealed to many business people on Main Street, few of whom are free-market fundamentalists.
And in fact the speech did have a liberal tone in the free-market sense.Recession? Devaluation? Inflation? Putin Tells Russia Stay the Course. | Anna Nemtsova | December 4, 2014 | THE DAILY BEAST
Early advocates of the free market, like Adam Smith, made two distinct arguments for capitalism.
To Mitchell, his schools are simply an example of the triumph of the free market.At This Creepy Libertarian Charter School, Kids Must Swear ‘to Be Obedient to Those in Authority’ | ProPublica | October 15, 2014 | THE DAILY BEAST
That free-market ideology has taken hold with this newer legislature.At This Creepy Libertarian Charter School, Kids Must Swear ‘to Be Obedient to Those in Authority’ | ProPublica | October 15, 2014 | THE DAILY BEAST
Philippine rural land is a doubtful security for loans, there being no free market in it.The Philippine Islands | John Foreman
In a free market this commodity would be furnished at the cost of production.Anarchism | Paul Eltzbacher
Where monopoly exists, the free market condition being non-existent, price may be constantly elevated above value.Socialism | John Spargo
Monopoly-price is, as already observed, an artificial price in the sense that the laws of free market exchange do not apply to it.Socialism | John Spargo
Clerk, we shall want this Court-house almost directly to use for a free market for this district.The Tables Turned | William Morris
British Dictionary definitions for free market
an economic system that allows supply and demand to regulate prices, wages, etc, rather than government policy
(as modifier): a free-market economy
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cultural definitions for free market
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.