Economic reforms are changes made to improve a country's economic system. These reforms can include policies that promote free trade, reduce government intervention, or enhance competition. The goal is often to stimulate growth, create jobs, and increase overall prosperity for citizens. Governments may implement economic reforms in response to challenges like high unemployment or inflation. Examples of reforms include tax cuts, deregulation, and investment in infrastructure. Successful reforms can lead to a more efficient economy, benefiting both businesses and consumers while fostering a stable environment for long-term growth.