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The free market is a market without economic intervention and regulation by the State, except to enforce private contract and property ownership. The free market in contrast with controlled markets, including direct State regulation of goods, labour and services can be used, the valuation price, or more, how the distribution is based on the mechanism of private property. Proponents of the free market is traditionally viewed this term implies that the means of production is in private, not in control of the State. This is how the contemporary use of the term "free market" by the Economist and popular culture; the term historically has had other uses.
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