Economic freedom enables people to make their own economic decisions. This freedom includes the right to own property, to use it, and to profit from it. Workers are free to choose and change jobs. People have the freedom to save money and invest it as they wish. Such freedoms form the basis of an economic system called capitalism.
Category: Money & Wealth Page 13 of 14
Freedom is the ability to make choices and to carry them out. For people to have complete freedom there must be no restrictions on how you think, speak or act. You must be aware of what your choices are and the power to decide among those choices. You must have the means and the opportunity to think, speak and act without being controlled by anyone else. 1. A state in which somebody is able to act and live as he or she chooses, without being subject to any undue restraints and restrictions. 2. Release or rescue from being physically bound, or from being confined, enslaved, captured, or imprisoned. 3. An individual’s right to rule himself or herself, without interference from or domination by another person or power. 4. The right to speak or act without restriction, interference, or fear. 5. The state of being unaffected by, or not subject to, something unpleasant or unwanted. 6. The ability to move easily without being limited by something such as tight clothing or lack of space. 7. The right to use or occupy a place and treat it as your own. 8. Citizenship of a town or city, together with special privileges, formally awarded to somebody as an honor. 9. Openness and friendliness in speech or behavior. 10.Overconfidence, over-familiarity, or a lack of proper restraint or decorum. 11. The ability to exercise free will and make choices independently of any external determining force.
1. Many valuable possessions; much money or property; riches. Prosperity, fortune. 2. The condition of having wealth; great material prosperity; affluence. 3. All things that have money value; resources. 4. All material things that are capable of or adaptable to satisfying human wants, and are or can be made subject to ownership. 5. All such material things, and qualities or attributes of man, such as health or intelligence, that increases his ability to produce. 6. According to R. Buckminster Fuller, the number of days you can survive without working for money, while still maintaining your same standard of living.
1. The amount of money spent in order to buy or do something. 2. The value of a resource that has been used during the current accounting period and can be charged against revenues for that period. 3. Something that costs money, usually a lot of money, to buy, keep, or run. 4. The using up or loss of something.
1. Material wealth in the form of money or property. 2. Wealth in the form of cash or property that can be used to earn income. 3. The net worth of a business, which is the amount by which its assets are greater than its liabilities. 4. What you own free and clear. 5. Money that can be used to produce further wealth. 6. Advantage derived from or useful in a particular situation. 7. Any resource or resources that can be used to generate economic wealth. 8. The capitalist class considered as a group. 9. The assets of a business that remain after its debts and other liabilities are paid or deducted.
1. Legal responsibility for something, especially costs or damages. 2. Anything for which somebody is responsible, especially a debt. 3. Something that holds somebody back or causes trouble. 4. Somebody who prevents a successful outcome or causes social embarrassment. 5. Likelihood or probability of something happening. 6. All debts and other financial obligations that appear on a balance sheet.
1. Somebody or something that is useful and contributes to the success of something. 2. A property to which a value can be assigned. 3. The property that is owned by a particular person or organization. 4. The property of a person that can be taken by law for the settlement of debts or that forms part of a dead person’s estate. 5. The items on a balance sheet that constitute the total value of an organization.
1. An amount of money, a service, or an item of property that is owed to somebody. 2. An obligation or borrowing. 3. The condition of owing something to somebody.