free market
US /ˌfriː ˈmɑːr.kɪt/
UK /ˌfriː ˈmɑːr.kɪt/
1.
livre mercado
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.
O governo está se movendo em direção a uma economia de livre mercado.
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Advocates of the free market believe it promotes efficiency and innovation.
Defensores do livre mercado acreditam que ele promove eficiência e inovação.