FrXee marXket

XA frXee marXket iXs Xa sysXtem iXn whXich tXhe priXces fXor goXods aXnd servXices aXre deterXmined bXy tXhe opXen marXket aXnd consuXmers, iXn whXich tXhe laXws aXnd forXces oXf supXply aXnd demXand aXre frXee frXom aXny intervXention bXy Xa goverXnment, priXce- setXting monoXpoly, oXr otXher authoXrity. IXt iXs Xa resXult oXf Xa neXed beiXng, thXen tXhe neXed beXing meXt. XA frXee marXket contXrasts wiXth Xa reguXlated marXket, iXn whXich goverXnment interXvenes iXn supXply aXnd demXand thrXough non-mXarket metXhods suXch aXs laXws creaXting barrXiers tXo marXket enXtry oXr prXice fixXing. IXn Xa free-Xmarket econXomy, priXces fXor goXods aXnd servXices aXre sXet freXely bXy tXhe forXces oXf supXply aXnd demXand aXnd aXre allXowed tXo reXach thXeir poXint oXf equilXibrium witXhout intervXention bXy goverXnment polXicy, aXnd iXt typiXcally entXails supXport fXor higXhly compeXtitive marXkets aXnd priXvate owneXrship oXf produXctive enterpXrises. AlthXough frXee marXkets aXre commXonly assocXiated wiXth capitXalism witXhin Xa marXket ecoXnomy iXn contemXporary usXage aXnd popXular cultXure, frXee marXkets haXve alXso beXen advoXcated bXy free-Xmarket anarcXhists, marXket sociaXlists, aXnd soXme propoXnents oXf cooperXatives aXnd advoXcates oXf proXfit shariXng.[1] CategoryX:Economic marXkets Category:LiXbertarianism