free market
- Dennis Daggett (Deactivated)
Owned by Dennis Daggett (Deactivated)
2018-02-16
1 min read
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A market in which buyers and sellers are free to contract on whatever terms they like without government interference. A system in which the market forces of supply and demand determine prices and allocate available supplies, without government intervention. The concept of a free market approach in agricultural policy, in its purest form, is no government price and income support programs, supply management programs, export subsidies, or barriers to international trade.
Authorization Path: 2.5.6.4.24.0