Definition of free market in English:

free market

noun

  • An economic system in which prices are determined by unrestricted competition between privately owned businesses.

    ‘a free market in broadcasting’
    as modifier ‘reforms were announced in a step towards a free-market economy’
    • ‘It has lured private capital for investment and created a transparent free-market system.’
    • ‘Is free-market capitalism really the only way to participate in the global economy?’
    • ‘We know, too, that America has once again benefited from the flexibility and resilience of its free-market economy.’
    • ‘All free-market advocates realize that monetary inflation brings on price inflation.’
    • ‘While the free market is not a perfect solution, because of human imperfection, it is the best solution.’
    • ‘The mixture of free markets with the civic vibrancy of early America created a new form of social life.’
    • ‘Many developing countries have grown disenchanted with the free-market model in recent years.’
    • ‘We are committed to a free-market system, and we will stay on that course.’
    • ‘Hence in a free-market economy both consumption and production are in harmony with each other.’
    • ‘There are two types of ethical criticisms that can be made of the free-market system.’
    • ‘The spread of global free markets has also meant rising inequality.’
    • ‘The introduction of a free-market economy has brought China increasing prosperity.’
    • ‘Uncontrolled free-market capitalism is not the only way to bring peace, justice and security to 25 nations.’
    • ‘A free-market economy has allowed the country to benefit from foreign trade and foreign investment.’
    • ‘Those supporting free markets would argue that there is excessive use of these tools to influence markets and that they will in fact cause more problems than they solve.’
    • ‘Nations like Hong Kong and Japan rose from the ashes of the Second World War as free-market economies.’
    • ‘These prices were then not subject to a free-market economy.’
    • ‘I make no apologies for being a champion of prosperity and its source, the free-market economy.’
    • ‘Even in this case, women will benefit more from a free-market system than from government regulation.’
    • ‘Economic growth supported by free trade and free markets creates new jobs and higher incomes.’

Phrases

  • free marketeering

      • ‘I really don't want to be labeled a protectionist, but I think there is a happy medium between raw free marketeering and highwall protectionism.’
      • ‘It is the logical end result of global free marketeering that equates free trade with democracy, no matter what the costs may be, human or economic!’
      • ‘While this simple logical principle has always been true, in modern times the painful truth is becoming more and more evident as growth addicted free marketeering wrecks ever greater destruction upon the environment in which it functions.’

Pronunciation

free market