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Definition of free market noun from the Oxford Advanced Learner's Dictionary

free market

noun
 
/ˌfriː ˈmɑːkɪt/
 
/ˌfriː ˈmɑːrkɪt/
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  1. an economic system in which the price of goods and services is affected by supply and demand rather than controlled by a government
    • She was a supporter of the free market economy.
    • to compete in a free market
    Topics Moneyc1
See free market in the Oxford Advanced American DictionarySee free market in the Oxford Learner's Dictionary of Academic English
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