What is the main objective of market systems in economics?
The system allows goods to be exchanged between producers and consumers. It does so in the most economic manner, that is so that the seller and the buyer both are satisfied that the money being returned for the goods is at the current market rate or close to it. Then nobody has been exploited. However the effect of monopolies will distort this. Monopolies are not special to free-market systems and are even more significant in socialist ones, where they are called state monopolies. With monopolies present, less goods change hands because the price of them is artificially raised and so the demand falls. This is the opposite of what free-marketing is about.
