Answer:
4. free-market economy
Explanation:
Free-market economy -
A free market refers to the economic system which depends on the demand and supply , where the control of government is nil , is referred to as free - market economy.
It helps to provide all the voluntary exchange occurring in the economy.
The range of the free market economy of a particular country , is present in between very large or completely black market.
Hence, from the given statement of the question,
The correct term is free - market economy.
