Free market
From The Art and Popular Culture Encyclopedia
(Redirected from Free Market Capitalism)
Related e |
Featured: |
A free market is a market where prices of goods and services are arranged completely by the mutual non-coerced consent of sellers and buyers, determined generally by the supply and demand law with no government interference in the regulation of costs, supply and demand. The opposite of a free market is a controlled market, where government sets or regulates prices directly or through regulating supply and/or demand.
[edit]
See also
- Black market
- Competition Law
- Crony capitalism
- Economic liberalism
- Free trade
- Freedom of choice
- Grey market
- Participatory economics
- Quasi-market
- Self-managed economy
- Transparency (market)
- Binary economics
Unless indicated otherwise, the text in this article is either based on Wikipedia article "Free market" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.