free market
| Another term for capitalism. |
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free market |
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free market
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It is probably safe to say that the majority of Americans accept the notion that ours is a free-enterprise economy, based on free-market capitalism. They turned down a constitution perceived as instituting American-style free-market capitalism at the expense of the social safety net. Visits to Burma--a ramshackle and corrupt leftist military dictatorship--and Taiwan demonstrated the clear superiority of free-market capitalism over Asian socialism. |
| Hutchinson Encyclopedia |
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