Why do free markets typically secure more economic properity than government centralized?

Free markets typically secure more economic prosperity than government centralized systems because they promote competition, innovation, and efficiency. In a free market, businesses respond to consumer demands, leading to better products and services at lower prices. Additionally, the decentralized decision-making allows for a more dynamic allocation of resources, as individuals and companies can quickly adapt to changing market conditions. In contrast, centralized systems often suffer from inefficiencies and misallocation of resources due to bureaucratic constraints and lack of incentives.