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BoolQ / is free market and market economy the same

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is free market and market economy the same
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Market economies range from minimally regulated ``free market'' and laissez-faire systems--where state activity is restricted to providing public goods and services and safeguarding private ownership--to interventionist forms where the government plays an active role in correcting market failures and promoting social welfare. State-directed or dirigist economies are those where the state plays a directive role in guiding the overall development of the market through industrial policies or indicative planning--which guides but does not substitute the market for economic planning--a form sometimes referred to as a mixed economy.

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