Free Market and Ethical Issues|1IntroductionThe concept of market started since prehistoric times when people used the barter system.Ever since man can date back, there was the system of exchange and barter system. The basicconcept of barter system was started because every human being wished to have the taste ofdifferent things and experience nearly everything that is available in the world. The concept ofbarter system gave rise to the basic theory of market. The market is the place where theproducers or the manufacturers are able to interact with each other. A market is the place wherepeople transact their belongings with others. As it was in the barter system, people used toexchange goods such as pulses for meat or clothes for tools. Similar is the case of the modernmarket. In the present market people use a common unit for exchange. This common unit iscalled currency or in layman’s language money (Barrera, 2011). A person goes to the market topurchase the things of his needs. The shopkeeper of the manufacturer gives the person the thingsof his demands. In return he gets money. This money is used by the producer or the shopkeeperto purchase the things of his personal needs. So it can be understood as a cycle and every humanis an active participant of this cycle. But there are certain rules and regulations that need to befollowed in the market. There are certain laws that need to be followed in order to continue thesystem of market ethically and systematically. One such law that the markets need to follow isthe prohibition of sales of drugs. This sense of law is developed due to moral and other ethicalissues (Szasz, 1992).Laws to control marketsIt is obvious that the world is dependent entirely on the market. Every human being isdependent on the market in order to fulfill his needs. It is the market where the person will get
