A free market is an economic system where prices for goods and services are determined by supply and demand, without significant government intervention. In this system, individuals and businesses have the freedom to make their own choices about production, consumption, and trade. This encourages competition, innovation, and efficiency, as companies strive to meet consumer needs. In a free market, resources are allocated based on consumer preferences and purchasing power. This means that successful businesses can grow and thrive, while less popular products may decline. Overall, free markets aim to create a dynamic economy that responds to the desires of consumers and promotes overall prosperity.