TeachMeFinance.com - explain Free market
Free market The term 'Free market ' as it applies to the area of agriculture can be defined as ' 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'.
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