What is another word for open market?

Pronunciation: [ˈə͡ʊpən mˈɑːkɪt] (IPA)

An open market refers to a marketplace in which the goods and services are bought and sold freely in a competitive environment. Synonyms for open market include free market, free enterprise, laissez-faire, deregulated market, and uncontrolled market. The free market emphasizes the freedom of individuals to make transactions without any undue influence from government or other centralized control. The term laissez-faire, which originates from French, means "let-do" and refers to minimal government intervention in market operations. The deregulated market is another synonym for an open market, meaning that restrictions and regulations on trading are lifted. An uncontrolled market implies that there are no restrictions or regulations on buying and selling.

What are the hypernyms for Open market?

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

Famous quotes with Open market

  • If you had the opportunity and some talent, there was no way you couldn't progress, because it was an open market. There was the advertising world, and there was the documentary world.
    Richard Donner
  • If it wasn't for Abe Lincoln, I'd still be on the open market.
    Dick Gregory
  • A nation that is afraid to let its people judge the truth and falsehood in an open market is a nation that is afraid of its people.
    John F. Kennedy
  • We are not afraid to entrust the American people with unpleasant facts, foreign ideas, alien philosophies, and competitive values. For a nation that is afraid to let its people judge the truth and falsehood in an open market is a nation that is afraid of its people.
    John F. Kennedy
  • The National Flood Insurance Program is a valuable tool in addressing the losses incurred throughout this country due to floods. It assures that businesses and families have access to affordable flood insurance that would not be available on the open market.
    Gary Miller

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