economic liberty

Economic liberty refers to individuals' and businesses' freedom to make their own economic choices, such as buying, selling, starting businesses, and choosing jobs, without undue interference from the government. It encourages competition, innovation, and efficiency by allowing market forces to determine prices and production. When economic liberty is strong, people have the ability to pursue opportunities, earn income, and manage their resources according to their preferences and efforts. This freedom is a core aspect of a healthy economy, fostering growth, prosperity, and individual opportunity.