free markets

free market

noun
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
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World English Dictionary
free market
 
n
a.  an economic system that allows supply and demand to regulate prices, wages, etc, rather than government policy
 b.  (as modifier): a free-market economy

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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American Heritage
Cultural Dictionary

free market definition


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

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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