Economy, liberalism or capitalism as an economic system that allows the private sector freedom to choose private economic activity, property holder can own any good inputs which they have raised. There is freedom in doing business as well as consumer choices of goods and services but such freedom would be under the scope of the law. That is, any action must not violate the fundamental rights and freedom of others. Using a system of competitive price and market systems are an important mechanism in the allocation of resources. The Government will not go in involved in economic activity will have a duty to maintain the nation's tranquility and defense. The advantages of the economic system, capitalismThere are non-governmental freedom of choice to decide on economic activity as they prefer.Profit and proprietary systems in the property as a motivation to make it work effectively. It is the private sector to work hard because it has much less how much they are affected. Compensation or income to only. Under this system, the economic system will have to invent new techniques, or artifacts. Development at all times.
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