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economic freedom

 

Definitions from the Web

Economic Freedom

Description:

Economic freedom refers to the ability of individuals and businesses to make their own economic decisions without interference from the government or other external entities. It encompasses the freedom to engage in voluntary transactions, own and control property, and pursue economic opportunities of one's choice.

Sample Sentences:

  • Many economists argue that economic freedom is crucial for promoting innovation and fostering economic growth.
  • In countries with high levels of economic freedom, individuals have the liberty to start businesses and create jobs.
  • Restrictions on economic freedom can lead to reduced investment and hinder overall economic development.

Possible Related Products:

Economics Books Business Startup Books Property Ownership Books
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