Countries that have "free-market" economy generally have better standards of living. It is an economy whereas it is dependent of supplies and demands. By no meaning it has no controls within the government.
Answer:
Entrepreneurship - Risks and Rewards of Starting Your Own Business 1 Sacrifice Paycheck. 2 Depend on Personal Capital. 3 Evaluating Popular Interest. 4 Depending on a Key Employee. 5 Sacrificing Your Personal Time and Health. 6 Passionate about your work. 7 Satisfaction. 8 Be Your Own Boss. 9 Financial Reward.
The people in the Middle Ages were still highly connected to the church. Priests, and clergy ruled during that time, & what the church said was almost interpreted as law. In the Renaissance they took a step away from church, especially after the bubonic plague and started focusing more on humanism.