How are the levels of development related to free enterprise?

The levels of development are related to free enterprise in that the free enterprise system is an economic system in which the means of production are privately owned, and one in which the government or state does not exert an overdue influence. Free enterprise is also largely synonymous with the terms capitalism and free market economics. In all three terms, the idea is basically the same: companies are not owned by the state, but are free to compete with other companies under a ''free market.''