(Answered) Economics does not contain the notion of a free market the

Economics

Economics does not contain the notion of a free market. The tern "free market" is a political term. Economics deals with perfectly competitive markets, monopolistically competitive markets, oligopolies, and monopolies. The opposite of a free market is a fair market, also a political term.

What is a fair market, and why did I say that free and fair markets are opposites? What do you think?

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