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What is pure free market economy?

Updated: 8/23/2023
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12y ago

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A pure market economy is a perfect scenario in which both producers and consumers are at liberty to make economic decisions that suit them. This type of economy is only known to exist in theory.

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9y ago
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12y ago

A pure free market would be one where there were no government or other external controls on the marketplace -- on sellers. No such economy exists.

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