Difference between revisions of "Free market"

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(Created page with "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 ...")
 
 
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[[Category: Agriculture]]
 
[[Category: Agriculture]]
 
[[Category: Political Science]]
 
[[Category: Political Science]]
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Latest revision as of 17:15, 23 December 2019

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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