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English definition of “free market”

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free market

noun [C]
 
 
ECONOMICS
an economic system based on supply and demand, in which companies manage their own business, prices, profits, etc. without being controlled by government: In a free market, businesses are challenged to provide better service, more quality and at lower prices. a free market economy
Translations of “free market”
in Chinese (Traditional) 自由市場…
in Russian свободный рынок…
in Turkish serbest pazar…
in Chinese (Simplified) 利伯维尔场…
in Polish wolny rynek…
(Definition of free market from the Cambridge Business English Dictionary © Cambridge University Press)
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