What does the term free-market denote in terms of economy?

Related MCQs

• What does the term Gross investment mean while denoting a nation's economy?
• Consider the following statements: 1. In a Capitalist economy there is private ownership of means of production 2. In a communist nation, the means of production are owned by the State 3. In a free-market economy there is minimum role of the Government Which of the above 3 statement is/are true?
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