free market
US /ˌfriː ˈmɑːr.kɪt/
UK /ˌfriː ˈmɑːr.kɪt/
1.
pasaran bebas
an economic system in which prices are determined by unrestricted competition between privately owned businesses.
:
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The government is moving towards a more free market economy.
Kerajaan sedang bergerak ke arah ekonomi pasaran bebas yang lebih besar.
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Advocates of the free market believe it promotes efficiency and innovation.
Penyokong pasaran bebas percaya ia menggalakkan kecekapan dan inovasi.