The ideology that believes in limited government intervention in the economy is known as libertarianism. Advocates of this ideology emphasize individual freedom, personal responsibility, and minimal state control over economic and social issues. Libertarians argue that free markets promote innovation and efficiency while minimizing unnecessary regulations that may stifle economic growth. This ideology often calls for reduced taxation, deregulation, and the elimination of government programs seen as infringing on personal liberties. While supporting public goods, libertarians prioritize voluntary exchanges and individual choice over collective decision-making by the state.