Free market
What Free market means in Media Studies A-Level, as defined for AQA.
Definition of Free market
Check what you remember
Read the wording for your board, then hide it and explain Free market in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
An economic arrangement in which prices, production and provision are shaped mainly by competition between private suppliers and by consumer demand, with minimal state intervention.
Topics that use Free market
Related terms
- Concentration of media power
- Cross-border media ownership
- Curran and Seaton's critique of market power
- Deregulation
- Deregulation of media
- Economies of scale and risk spreading
- Effects on audience choice and diversity
- Free-market economics
Using Free market in the exam
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