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A free market does not directly require the existence of competition; however, it does require a framework that freely allows new market entrants. Hence, competition in a free market is a consequence of the conditions of a free market, including that market participants not be obstructed from following their profit motive.
10th Street Market, also known as the Swan's Market, Oakland Free Market or the Sanitary Free Market, was a commercial market district in Oakland, California. 10th Street Market was built in 1917 and expanded in 1926.
The Pacific Research Institute for Public Policy (PRI) is a California-based free-market think tank which promotes "the principles of individual freedom and personal responsibility" through policies that emphasize a free economy, private initiative, and limited government. [3]
The 2000–2001 California electricity crisis, also known as the Western U.S. energy crisis of 2000 and 2001, was a period of time during which the U.S. state of California had a shortage of electricity supply caused by market manipulations and capped retail electricity prices. [10]
The Really Really Free Market (RRFM) movement is a horizontally organized collective of individuals who form a temporary market based on an alternative gift economy. [1] RRFM events are often hosted by people unaffiliated with any large organization, [ 2 ] and are encouraged to sprout up by anyone, anytime, anywhere. [ 3 ]
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The San Jose Flea Market, located in Berryessa district of San Jose, California, was founded by George Bumb Sr. in March 1960. He had the idea to open a flea market while working in the solid waste and landfill business. He witnessed abundant items thrown away every day and realized he could make a profit from these discarded items. [1]
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