It is true that because of the system of free enterprises, citizens enjoy many advantages. Free enterprise is also known as capitalism. It is an economic system where the individuals in the economy have the freedom to create business with little government intervention.
Advantages include: Protects the Interest of Citizens, promotes equality, Responsibility and Stability in Administration , Helps Make Good Citizens and helps make change. Democracy is viewed to be an ideal form of political system and government.
Active political participation by all citizens is the core of which political system
undermined the free enterprise system
The system of patronage has very distinct advantages and disadvantages. The advantages are that you have a boss that looks after you and takes care of the problems and issues in everyday life. The disadvantages are that you are always commanded, patronized and have very little independence.
# Private ownership # individual initiative, # profit # competition
free enterprise system
free enterprise system
Capitalistic Economy... also known as Free-Enterprise
because its our economic system
THE PRIVATE ENTERPRISE SYSTEM an economic system that rewards firms for their ability to identify and serve the needs and demands of customers. Another name of it is Capitalism.
people can spend their money how they want.competition stimulates new ideas and process which works for the advantage of the consumers.Market competition
The United States is a free enterprise system.
Advantages include: Protects the Interest of Citizens, promotes equality, Responsibility and Stability in Administration , Helps Make Good Citizens and helps make change. Democracy is viewed to be an ideal form of political system and government.
An enterprise resource planning system is every information system in an organization. The enterprise resource planning system consists of the accounting system, human resource system and the information system an organization has.
it did because Bob Eraser helped them.
A communist economic system is related to a whole country, while an enterprise system is restricted to that enterprise and it isn't a communist system because all employees can drive their own lives.
A nation with a free enterprise system recognizes the rights of its citizens to own property and form private business companies. It should be noted however, that in any current day free enterprise nation, the Government places certain restrictions on privately owned companies. Another characteristic would be the right of citizens to vote and to vote for socialist parties if they so desire.