free market definition, meaning - what is free market in the British English Dictionary & Thesaurus - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “free market”

See all translations

free market

noun [S] 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: In a free market, if demand for a product increases then so does its price. the 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 Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
What is the pronunciation of free market?
Add Cambridge dictionaries to your browser to your website

Definitions of “free market” in other dictionaries

Word of the Day

prime time

in television and radio broadcasting, the time when the largest number of people are watching or listening

Word of the Day

The language of elections

by Liz Walter,
April 22, 2015
On May 7th, citizens of the UK will be going to the polls (having an election) to decide who will form the next government. This kind of election is known as a general election. The country is divided into 650 areas, called constituencies. Each constituency elects a member of parliament (MP) to

Read More 

e-juice noun

April 27, 2015
the liquid content in an e-cigarette, which includes nicotine and may be flavoured in various ways Cannabidiol oil that comes from industrial hemp plants, which is what is infused into our e-juice, is 100 per cent legal.

Read More