Learn the main differences between capitalism and a free market system and how these economic systems function. read more
A free market system is an economic system based solely on demand and supply, and there is little or no government regulation. In a free market system, a buyer and a seller transact freely and only when they voluntarily agree on the price of a good or a service. read more
Capitalism vs Free market. In simple terms, Capitalism is defined as an economic environment comprising basically of two sets of people, owners and workers. An essential feature of this kind of economic system is private ownership. read more