The general set of rights to own private property and exchange goods, services, and financial assets with minimal government interference is defined as

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Economic freedom is the term used to describe a general set of rights that entails owning private property and exchanging goods, services, and financial assets with minimal government intervention. This type of economic system is commonly associated with capitalism, which emphasizes private ownership and free markets. Market socialism, on the other hand, is a hybrid economic system that combines elements of socialism and capitalism, while economic privilege is not a recognized economic term. Therefore, the most appropriate option is C) economic freedom.

The General Set of Rights to Own Private Property and Exchange