Difference between revisions of "Free market"
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''Economics.'' | ''Economics.'' | ||
| − | A free market is an economy where resources are allocated by the market by means of the market mechanism. | + | 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. | Relatively free markets are an essential element of capitalism. | ||
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== See also == | == See also == | ||
* [[Capitalism]] | * [[Capitalism]] | ||
| + | * [[Competition]] | ||
* [[Four freedoms]] | * [[Four freedoms]] | ||
* [[Fully planned economy]] | * [[Fully planned economy]] | ||
* [[Market mechanism]] | * [[Market mechanism]] | ||
* [[Mixed economy]] | * [[Mixed economy]] | ||
| + | * [[Regulation]] | ||
* [[Thatcherism]] | * [[Thatcherism]] | ||
[[Category:Corporate_finance]] | [[Category:Corporate_finance]] | ||
[[Category:Long_term_funding]] | [[Category:Long_term_funding]] | ||
Latest revision as of 09:44, 28 November 2019
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.
