Translation of "free market" - English-Spanish dictionary

free market

noun uk us

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

mercado libre
In a free market, if demand for a product increases, then so does its price.
the free-market economy

(Translation of “free market” from the Cambridge English-Spanish Dictionary © Cambridge University Press)