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A free market is a market in which property rights are voluntarily exchanged at a price arranged completely by the mutual consent of sellers and buyers. By definition, buyers and sellers do not coerce each other, in the sense that they obtain each other's property without the use of physical force, threat of physical force, or fraud, nor is the transfer coerced by a third party. In the aggregate, the effect of these decisions en masse is described by the law of supply and demand. Free markets... full article at wikipedia
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Created by Metaweb Oct 22, 2006
Last edited by foreign_name_bot Sep 12, 2008
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