Phrases with «free market»

The phrase "free market" refers to an economic system where the buying and selling of goods and services occur without much government intervention. In a free market, there is open competition between businesses and individuals, and prices are determined by supply and demand. The concept allows for entrepreneurs to start businesses and consumers to make choices based on their preferences. Full definition

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Sentences with «free market»

  • Because of its heavy reliance on academic letter grades, the typical American high school had created a kind of free market in which every student was competing against every other student for rank. (educationnext.org)
  • In free market economies, price wars continuously take place between competitors as companies try to maximize profits and drive competitors out of business. (investopedia.com)
  • But despite the talk, the concept of a «free market for research» hasn't advanced much. (sciencemag.org)
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