Question

what is free play of market forces??

Answer 1

Heya.....

@@ Free play of market forces....

** It refers to a situation when the govt of a country doesn't interfere with the market forces of supply and demand....

** Producers are free to allocate the resources to the production....

** Generally in this those goods r produced who catches high prices for profit maximization....

Answer 2

In the field of economics, a free market is an idealized system in which the prices for goods and services are determined by the open market and by consumers also. In a 'free market' from any intervention by a government, by a price-setting monopoly.