Free Markets

A free market is an economic system where individuals and businesses freely buy and sell goods and services with minimal government interference. Prices are determined by supply and demand, allowing resources to be allocated efficiently based on consumer preferences and producer costs. This system encourages competition, innovation, and choice, as companies strive to meet customer needs. Governments may set rules to prevent unfair practices, but overall, the market operates primarily through private transactions. Free markets aim to promote economic growth and efficiency by allowing market forces to direct economic activity naturally.