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Free market

1:40

Understanding a Free Market Economy

3:25

Ben Shapiro Explains the Beauty of the Free Market

2:14

Socialism and Free-Market Capitalism | The Human Prosperity Project

2:34

Free Market Economy

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What is FREE MARKET? What does FREE MARKET mean? FREE MARKET meaning & explanation

In economics, a free market is an idealized system in which the prices for goods and services are determined by the open market and by consumers. In a free market the laws and forces of supply and demand are free from any intervention by a government, by a price-setting monopoly, or by other authority. Proponents of the concept of free market contrast it with a regulated market, in which a government intervenes in supply and demand through various methods - such as tariffs - used to restrict trade and to protect the local economy. In an idealized free-market economy, prices for goods and services are set freely by the forces of supply and demand and are allowed to reach their point of equilibrium without intervention by government policy.
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