What is another word for free market?

37 synonyms found

Pronunciation:

[ fɹˈiː mˈɑːkɪt], [ fɹˈiː mˈɑːkɪt], [ f_ɹ_ˈiː m_ˈɑː_k_ɪ_t]

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.

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?

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