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Meaning of “free market” in the English Dictionary

"free market" in American English

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free marketnoun [C]

 us   /ˈfri ˈmɑr·kɪt/
social studies 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: a free-market economy
(Definition of free market from the Cambridge Academic Content Dictionary © Cambridge University Press)

"free market" in Business English

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free marketnoun [C]

uk   us   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
(Definition of free market from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “free market”
in Chinese (Simplified) 利伯维尔场…
in Turkish serbest pazar…
in Russian свободный рынок…
in Chinese (Traditional) 自由市場…
in Polish wolny rynek…
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