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free market
noun [S]Definition
› an economic system with only a small amount of government control, in which prices and earnings are decided by the level of demand for, and production of goods and services: In a free market, if demand for a product increases then so does its price. the free-market economyEconomics and the state of the economy
(Definition of free market noun from the Cambridge Advanced Learner's Dictionary & Thesaurus
© Cambridge University Press)
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SMART Thesaurus: Economics
Synonyms and related words:
- buyer's market noun
- consumer price index noun
- deflation noun (MONEY)
- downturn noun
- economist noun
- GDP per capita noun
- GNI noun
- inflationary spiral noun
- macroeconomics noun
- market forces noun
- microeconomics noun
- mixed economy noun
- open-door adjective
- retail price index noun
- saturate verb (FILL)
- spending noun
- squeeze noun (LIMIT)
- stall verb (DELAY)
- trade figures noun
- underdeveloped adjective
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