economic freedom

  

Definition

The freedom to prosper within a country without intervention from a government or economic authority. Individuals are free to secure and protect his/her human resources, labor and private property. Economic freedom is common in capitalist economies and must incorporate other civil liberties to be deemed as truly free.

Use economic freedom in a sentence

  • After finally paying off her student loans in full, the girl was extremely surprised at how much economic freedom she had.

    Was this Helpful?   (25)   (0)
  • A new business owner has the economic freedom to establish their business and run it as they see fit while abiding by local laws concerning their business industry.

    Was this Helpful?   (25)   (0)
  • The new business allowed me to have a lot more economic freedom and I could do exactly what I wanted.

    Was this Helpful?   (25)   (0)
Show more usage examples...

Related Videos




http://www.businessdictionary.com/definition/economic-freedom.html

Have a question about economic freedom? Ask for help in the
Community
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z