. If freedom of individuals was ensured, if the poor
ould labour, and those with capital could operate without restraint,
societies would develop.
Pls explain the meaning of restraint and how it is related. Also explain the meaning of above Para
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Explanation:
Ever since the first people traded one item for another, there has been some form of economy in the world. It is how people optimize what they have to meet their wants and needs. Economy refers to the social institutions through which a society’s resources (goods and services) are managed. Goods are the physical objects we find, grow, or make in order to meet our needs and the needs of others. Goods can meet essential needs, such as a place to live, clothing, and food, or they can be luxuries—those things we do not need to live but want anyway. Goods produced for sale on the market are called commodities.
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