Final answer:
Economic liberalism is a principle that advocates for a free market economy with minimal government interference. It promotes individual rights, limited government, and free trade.
Step-by-step explanation:
Economic liberalism, derived from the Enlightenment theories of Scottish economist Adam Smith, is a principle that advocates for a free market economy with minimal government interference. It promotes the idea that individuals should be free to pursue financial success without government restrictions, and that this freedom will lead to overall prosperity. Economic liberalism focuses on principles such as individual rights, limited government, and free trade.