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自じ由ゆう市し場じょう

じ

ゆ

う

し

じょ

う

Meanings

1

free market

Economic term for a market where prices are determined by unrestricted competition between privately owned businesses.

自じ由ゆう市し場じょうでは、価か格かくは需じゅ要ようと供きょう給きゅうによって決きまる。
In a free market, prices are determined by supply and demand.

Kanji

自oneself
由wherefore, a reason
市market, city, town
場location, place

Related words

市し場じょう経けい済ざい
市場経済 (market economy) refers to the broader economic system, while 自由市場 specifically emphasizes the absence of government intervention in a particular market.

Built from

自じ由ゆう+市し場じょう

Etymology

Compound of 自由 (freedom) and 市場 (market), a direct translation of the English term 'free market'.