👉 The term "noneconomy" is used in economic theory to describe an economy that has no formal government or governmental authority. It refers to a situation where there are no restrictions on the free market and individuals can freely exchange goods and services without any external interference from central banks, governments, or other institutions. In this context, the "no government" assumption implies that there is no central planning or regulation of economic activities by any external body. The absence of such structures allows for a degree of freedom in
