What is an example of a free market economy?

Hong Kong, Singapore and Australia are examples of free market economies. read more

In a free market economy, the law of supply and demand, rather than a central government, regulates production and labor. Hong Kong, Singapore and Australia are examples of free market economies. In a free market economy, the law of supply and demand, rather than a central government, regulates production and labor. read more

A market economy is when the laws of supply and demand control the production of goods and services. There are 4 pros and 4 cons. A market economy is when the laws of supply and demand control the production of goods and services. read more

A pure free market economy larger than a few hundred people and a small range of goods is probably unworkable in the real world. All known economies are partially regulated hybrids, constrained by law. read more