Response:
It provides you with the capacity to determine the best approach for your business
Clarification:
Using the money tree analogy that Vic describes is a fantastic way to illustrate this. Consider your own enterprise (let's assume it's a store selling trees!).
What essentials are needed to launch and manage a business? A location for sales, workforce, products, infrastructure, etc., along with the capital to support these elements. All the business plans and frameworks you create for success will involve making economic choices. For those choices to be made freely, you require economic liberty, allowing for decisions unfettered by political, economic, or social constraints.
Picture yourself in a situation where only trees with red leaves are permitted for sale, or where your tree business faces significantly higher taxes compared to imported trees, or if employment regulations prevent employees from being near plants (potential allergy issues). Such conditions would severely hinder your business development, right?
This illustrates how economic freedom fosters the growth of your money tree; it grants you the ability to pursue what you perceive as advantageous for your business.