What is the name of the economic system that focuses on the free movement of goods and services in the market?

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journal article

The Free Movement of Goods and Services Within the European Economic Community in the Context of the World Economy

Zeitschrift für die gesamte Staatswissenschaft / Journal of Institutional and Theoretical Economics

Bd. 137, H. 3., Economic Reconstruction in Europe: The Reintegration of Western Germany: A Symposium (September 1981)

, pp. 556-574 (19 pages)

Published By: Mohr Siebeck GmbH & Co. KG

https://www.jstor.org/stable/40750375

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Publisher Information

The Mohr Siebeck Publishing Company, www.mohr.de, founded in 1801, publishes monographs, series and journals in the fields of theology, Jewish studies, religious studies, philosophy, sociology, history, law and economics.  The authors of this renowned publishing company include scholars and researchers who are known throughout the entire world. Mohr Siebeck’s oldest journal is the Archiv für die civilistische Praxis founded in 1821. In addition to the predominantly German-language journals, Mohr Siebeck also publishes two English-language journals in economics, the FinanzArchiv/Public Finance Analysis (founded as Finanzarchiv in 1884) and the Journal of Institutional and Theoretical Economics, (founded as Zeitschrift für die gesamte Staatswissenschaft in 1844). Another English-language journal is Jewish Studies Quarterly (founded in 1993). Many other journals have a high proportion of English-language articles, e.g. Archiv des Völkerrechts (founded in 1948), Early Christianty (founded in 2010), and Rabels Zeitschrift für ausländisches und internationals Privatrecht (founded in 1927).  

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Zeitschrift für die gesamte Staatswissenschaft / Journal of Institutional and Theoretical Economics © 1981 Mohr Siebeck GmbH & Co. KG
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Which economic system is also called the free market system?

The free market economy definition is also known as the truest form of capitalism, as profit is what drives all production, supply, and demand which forces businesses to be as efficient as possible.

What is free movement of goods and services?

The free movement of goods, the first of the four fundamental freedoms of the internal market, is secured through the elimination of customs duties and quantitative restrictions, and the prohibition of measures having an equivalent effect.

What is free movement economics?

Free-movement deals allow workers to migrate from countries where jobs are scarce to others where jobs are many, and where labour is in short supply.

Is free market capitalism?

Any economy is capitalist as long as private individuals control the factors of production. A purely capitalist economy is also a free market economy, meaning the law of supply and demand, rather than a central government, regulates production, labor, and the marketplace.