Which are characteristics of a free market economic system?

(Select all that apply.)

unequal distribution of basic needs

central plan to allocate resources

priorities for the production of goods

freedom of choice to do business

The characteristics of a free market economic system are unequal distribution of basic needs and freedom of choice to do business.

Explanation:

A free market is an economic system or a market where prices are based on competition between private players, and are not affected by factors other than supply and demand.

The term 'free market' can refer to an idealized social model, where citizens interact economically without or almost without any government intervention at all. A "free market system" can then be set up as the opposite or different from most existing economies, even those characterized by market economy principles.