Economic Freedom - Coastal Carolina University
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What is Economic Freedom?


The Fraser Institute very elegantly explains the four basic principles of economic freedom, which are, " (1) personal choice, (2) voluntary exchange coordinated by markets, (3) freedom to enter and compete in markets, and (4) protection of persons and their property from aggression by others." The basic idea of economic freedom is how easy is it for an individual to participate in economic activity. 

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