Libertarianism is a political philosophy that focuses on individual freedom and limited government intervention in economic and personal matters. Synonyms for libertarians include individualists, free-market advocates, classical liberals, and minarchists. Individualists prioritize personal autonomy and self-governance, while free-market advocates prioritize free trade and limited economic regulations. Classical liberals advocate for individual liberties such as freedom of speech, religion, and association. Minarchists support the smallest possible government consistent with protecting individual rights. Some people also use the terms anarcho-capitalists or voluntaryists to refer to extreme versions of libertarianism that reject government entirely in favor of private property rights and voluntary agreements.