What Is a Free Market?

A free market is a market where commodities can be freely produced and exchanged, and are completely regulated by the law of value. Both parties to the exchange freely bargain, exchange commodities according to the principle of voluntary transfer, and the market price fluctuates freely, thereby regulating the supply and demand and production of commodities. China's free market is an important part of the socialist market economy system. Commodities on the free market generally refer to those products that are not widely distributed by the state and do not require a uniform price. They are scattered, scattered, demand changing, or fulfilling tasks beyond the national plan. Enterprises can flexibly adjust and arrange production according to market demand. Exchange, freely bargain within the scope allowed by the policy, and enjoy greater autonomy in purchase and sales. ^[1]

[zì yóu shì chng] Right !

A free market is a market where commodities can be freely produced and exchanged, and are completely regulated by the law of value. Both parties to the exchange freely bargain, exchange commodities according to the principle of voluntary transfer, and the market price fluctuates freely, thereby regulating the supply and demand and production of commodities. China's free market is an important part of the socialist market economy system. Commodities on the free market generally refer to those products that are not widely distributed by the state and do not require a uniform price. They are scattered, scattered, demand changing, or fulfilling tasks beyond the national plan. Enterprises can flexibly adjust and arrange production according to market demand. Exchange, freely bargain within the scope allowed by the policy, and enjoy greater autonomy in purchase and sales. ^[1]

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Sociologically,

The free market is an inevitable product of social division of labor and the development of a commodity economy. At the same time, in the process of its development and growth, the market has also promoted the further development of social division of labor and commodity economy. The market directly affects what people produce, how much, and the time to market and product sales through information feedback; connects the production, supply, and sales parties during the development of the commodity economy, and provides exchange places, exchanges Time and other exchange conditions in order to realize the respective economic benefits of producers, operators and consumers of commodities.