Independent markets are economic systems where goods and services are traded without significant government intervention. These markets allow buyers and sellers to interact freely, setting prices based on supply and demand. This can lead to more efficient resource allocation and innovation, as businesses respond to consumer needs. In independent markets, competition plays a crucial role. Various companies strive to attract customers by offering better quality or lower prices. This competitive environment can benefit consumers, as they have more choices and can find products that best meet their needs. Examples of independent markets include local farmers' markets and online platforms like eBay.