Countries with higher levels of economic freedom tend to have

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Quizplus · Accepted Answer

Countries with higher levels of economic freedom tend to have higher rates of economic growth, as free markets and independent decision making can lead to innovation, competition, and efficiency. Additionally, higher levels of economic freedom can attract more investment, both domestic and foreign, which can further contribute to economic growth. Higher levels of per person income are also often associated with increased economic freedom, as individuals have more opportunities and incentives to succeed and realize their full potential in a free market economy.

Countries with Higher Levels of Economic Freedom Tend to Have