yes!! Not really. A "free market" is generally a micro-economic term, and describes the conditions where consumers and suppliers form an economic exchange generally free of outside price controls. A...
Perfectly competitive markets, monopolies, oligopolies, there are no restrictions on what type of markets can exist in a free-market system. The distinction in the type of markets is in the type of...
Economics activities was carried by private sector. Consumer make their own decision. Individuals have a right to own assets. Presence of competition. It will encourages development and improvement....