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What is another word for free market?

Pronunciation: [fɹˈiː mˈɑːkɪt] (IPA)

A free market is an economic system in which the government does not control or regulate the market. The term is often associated with capitalism and economic liberalization. However, there are various synonyms that describe the same concept of a free market. These include laissez-faire market, open market, unregulated market, and competitive market. These terms denote a marketplace where prices are determined by supply and demand, and businesses operate with minimal interference from the government. Opponents argue that a free market system can lead to income inequality, monopolies, and economic instability. Nevertheless, the concept continues to be central to many modern economic theories and policies.
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Synonyms for Free market:

What are the hypernyms for Free market?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the opposite words for free market?

The concept of a "free market" refers to an economic system where the prices of goods and services are determined by supply and demand, with little government intervention. The antonyms for "free market" include terms such as "command economy," "planned economy," or "state-controlled economy." These refer to systems where the government determines the production, distribution, and pricing of goods and services. Other antonyms include "regulated market" or "controlled market," which imply that there is some level of government intervention in the marketplace to ensure fairness, protect consumers, or promote competition. These terms reflect different approaches to organizing economic activity, each with its own advantages and drawbacks, depending on the economic, political, and social context.

What are the antonyms for Free market?

Famous quotes with Free market

  • Tell me, what do they do for us in Bulgaria? Do they fix the prices? Or is there some kind of a free market?
    Dwayne Andreas
  • The only place you see a free market is in the speeches of politicians.
    Dwayne Andreas
  • The challenge as we saw in the Nigerian project was to restructure the economy decisively in the direction of a modern free market as an appropriate environment for cultivation of freedom and democracy and the natural emergence of a new social order.
    Ibrahim Babangida
  • Generally speaking, we get the joke. We know that the free market is nonsense. We know that the whole point is to game the system, to beat the market or at least find someone who will pay you a lot of money, 'cause they're convinced that there is a free lunch.
    Ron Bloom
  • The free market economy is supposed to be the only path leading to the happiness of humanity by promoting wealth and prosperity, power and influence of nations.
    Omar Bongo

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