buisnesses are free to compete with other buisnesses without state control and without regulations that could become a bad thing
Pro: creativity, advancement con: misuse of power and greed
It is a Free Enterprise System, but has some slight government involvement.
What are some pros and cons of free leadership?
Some major elements of a free enterprise system include right of land and freedom of economic decisions
what are free enterprise zone
what are free enterprise zone
The Free Enterprise System is based on the right of the individual to run a business for profit with a minimum of government control. The characteristics of a free enterprise system are freedom, competition, and private ownership.
Center for Free Enterprise was created in 1996.
The United States is a free enterprise system.
The pros of a free market include viewing both the services and productivity growth, global competition and cheap imports and an open economy that spurs innovation. The cons of a free market is lost jobs, workers facing pay-cut demands from employers and white collar jobs are vulnerable to operations that are moving offshore.
Free Enterprise A+
Free enterprise Socialism Communism