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What is free market ?
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04-08-2014, 08:37 PM
Post: #5
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Free market is a market structure in which the distribution and costs of goods and services, along with the structure and hierarchy between capital and consumer goods, are coordinated by supply and demand unhindered by external regulation or control by government or monopolies. A completely free market is an idealized form of a market economy where buyers and sellers are allowed to transact freely based on a mutual agreement on price without state intervention in the form of taxes, subsidies or regulation.
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What is free market ? - Charlie - 04-08-2014, 08:18 PM
[] - Rep - 04-08-2014 08:37 PM
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