A free market is a type of market in which the government is not involved. Since the government does not care what happens, the free market is also called "do not intervene" or "let it be the economy". The government limits itself to protecting citizens from danger and that is its main objective. In the free market economy, there are three components: competition, active but limited government, and self-interest. Competition is one of the main components of the market economy. Competition means that companies compete with each other to obtain more profits. According to the concept of free market economics, competition is a good thing because it is a fundamental regulatory force in the market system. In competition with o...