Question

How does economic freedom seem to correlate to a country’s economic wealth and individual opportunity?

Answer 1

The countries with the most economic freedom are the most prosperous countries, where wealth grows more easily. This is because individual freedoms stimulate entrepreneurship and the emergence of new businesses. These countries usually have a lower rate of bureaucracy and the state as an ally that seeks to promote the right environment for economic development. This can be seen in the official statistics, which show that countries with greater economic freedom where firms compete in the free market are usually richer and more civilized.