Supply and Demand:The economic model that determines the price of anything in a market economy, based on the quantity available and the desire (or demand) for that good or service.
Free Market:An economic system where the government imposes few or no restrictions and regulations on buyers and sellers, allowing them to freely conduct transactions.
Government Intervention: Actions taken by a government to affect the economy, which can range from regulations and taxes to subsidies and tariffs, contrasting with the principles of a pure market economy.