free market


Definition of free market

: an economy operating by free competition

Examples of free market in a Sentence

Recent Examples on the Web

Some countries have focused on solutions promoting unshackled free markets while others have turned more to rent control and subsidies. Laura Kusisto, WSJ, "Affordable Housing Crisis Spreads Throughout World," 2 Apr. 2019 Students For Liberty is a global movement that stands up for free markets, free speech and individual liberty. WSJ, "‘Less Marx, More Mises’ Shows Development," 19 Mar. 2019 Western countries offer such concessions, primarily because their leaders are convinced that overall, China is moving in the right direction toward freer markets, productive international cooperation and political liberalization. Fox News, "Has China been duping the US for nearly half a century?," 13 Aug. 2018 Moreover, cannibalizing Obamacare, setting public assistance ever further out of reach, and exploding the deficit with massive tax cuts doesn’t make the ruling political right a friend of free markets. Will Wilkinson, Vox, "“Socialism” vs. “capitalism” is a false dichotomy," 16 Aug. 2018 Fans of the free market should be frustrated with today’s drug-pricing system—and pleased with the president’s bold disruptive plans. WSJ, "Drug-Price Transparency Helps Consumers," 23 Oct. 2018 But taxes, even in the best cases, distort the free market, increase costs and create unintended consequences. kansascity, "Jean Paul Bradshaw," 30 June 2018 The Vietnamese Communist party’s ability to retain power at the same time as freeing markets must appeal to Kim Jong Un, North Korea’s dictator, who has vowed to improve his country’s economy. The Economist, "Is North Korea the next Vietnam? Don’t count on it," 12 July 2018 Few in Europe and Asia have forgotten that free-market economies were democracy’s greatest weapon in the 20th century, and the entrepreneurs and investors that drive those free markets won’t soon embrace authoritarian control. James Stavridis, Time, "Democracy Isn't Perfect, But It Will Still Prevail," 12 July 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'free market.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of free market

1642, in the meaning defined above

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free market

free marketeer



Statistics for free market

Last Updated

2 May 2019

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Time Traveler for free market

The first known use of free market was in 1642

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More Definitions for free market

free market


English Language Learners Definition of free market

: an economic market or system in which prices are based on competition among private businesses and not controlled by a government

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one that collects or salvages junk

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