Economic liberalism is best defined as :

Economic liberalism is best defined as
 
  A) the view that production and consumption of wealth is a self-correcting process in which purposeful state intervention does more harm than good.
  B) the theory that all goods should be produced for the inhabitants of the territory and only consumed by those inhabitants that produced the goods.
  C) the invisible hand that guides the market via competition.
  D) the necessity for a state to intervene in private business to determine wages and prevent monopolies.
  E) the doctrine that if people are left free to follow their own nature and interests, this will promote the economic welfare of all.