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Jakobe Davidson
Social Studies
30 March, 20:47
Explain the development of the free-market system
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30 March, 21:10
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The free market is an economic system based on supply and demand with little or no government control. It is a summary description of all voluntary exchanges that take place in a given economic environment. Free markets are characterized by a spontaneous and decentralized order of arrangements through which individuals make economic decisions.
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