Constitución en Inglés

242 constituteproject.org Colombia 2021 Chapter I General Provisions T he State is the owner of the subsoil and of the natural nonrenewable resources without prejudice to the rights acquired and fulfilled in accordance with prior laws. Economic activity and private initiative are free within the limits of the public good. For their exercise, no onemay demand prior permission or fulfillment of prerequisites without authorization of law. Free economic competition is a right of everyone, entailing responsibilities. The enterprise, as a basis of development, has a social function that implies obligations. The state shall strengthen cooperative enterprises and stimulate business development. The State, by mandate of law, shall keep economic freedom from being obstructed or restricted, and it shall prevent or control any person’s or business’s abuse of its dominant position in the national marketplace. A law shall delimit the scope of economic freedom when the social interest, the environment, and the cultural patrimony of the nation so require. ARTICLE 332 ARTICLE 333