liberalism

noun liberalism

• free trade — trade between countries, free from governmental restrictions or duties.
• free enterprise — an economic and political doctrine holding that a capitalist economy can regulate itself in a freely competitive market through the relationship of supply and demand with a minimum of governmental intervention and regulation.
• laissez-faire — of, relating to, or conforming to the principles or practices of laissez faire.
• isolationism — the policy or doctrine of isolating one's country from the affairs of other nations by declining to enter into alliances, foreign economic commitments, international agreements, etc., seeking to devote the entire efforts of one's country to its own advancement and remain at peace by avoiding foreign entanglements and responsibilities.
• noninterference — the policy or practice of refraining from interference, especially in political affairs.