minimal government intervention

Minimal government intervention means that the government limits its involvement in the economy and personal lives of citizens. It emphasizes free markets, private enterprise, and individual responsibility, with the government only stepping in to protect property rights, enforce contracts, and maintain order. The idea is that less regulation allows businesses to operate more freely, fostering competition, innovation, and growth. Proponents believe this approach encourages efficiency and personal freedom, while critics argue it can lead to inequality or insufficient protections. Overall, minimal intervention aims for a balance where government plays a limited but essential role in ensuring a functioning society.