Free Market Economy

What is a free market economy?

A free market economy is an economy where the government does not intervene. Citizens are allowed to choose the answers to economic questions and allowed to make their own economic decisions. They can have their own businesses and compete freely with other businesses.


How is the government involved?

The government is still involved, it is still in charge of enforcing the laws and stuff like that. But when it comes to economic decisions of citizens, the government does not intervene.