It is considered anarchy. Because it means a state of no law which allows people to do whatever they want. The government tries to prevent this from happening but it occurs in some small areas. A slight example would be in Ferguson, Missouri in the U.S in which rioters burned buildings and looted stores. That is a form of anarchy, especially if police are not in those areas at the time.
By the year 1787, most Americans decided that the Articles of Confederation were defective and needed at least two main changes. First, almost everybody wanted Congress to have the power to regulate interstate and international commerce. Second, most Americans also sustained granting Congress the power to tax the people. The convention, then known as the Federal Convention, was scheduled to begin on May 14. However, only the representatives from Pennsylvania and Virginia made it there on time. More than a week would pass before there were enough delegates to commence the convention.
Jamestown, the first successful settlement, founded in the state of Virgi nia
because both had adopted some free-market practices early on and had hired advisers to speed the transformation of the economy.
They set up business schools and worked to attract foreign capital, anchoring themselves securely to the world economy.