What basic principles are fundamental to American free enterprise?

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open opportunity, private property, contracts, voluntary exchange, profit motive, legal equality, and competition
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What are the basic principles of a free market?

The Free Market Monument Foundation has done extensive research on what principles are most commonly associated with free market economics. Individual Rights. The most basi

Basic principles of free enterprise?

1 entrepreneurship 2.easy entry/exit 3.profit motive 4.capital/enterprise factors for production. 5.laissez-faire . 6 customer oriented
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What is the fundamental purpose of the free enterprise system?

The fundamental purposes of Capitalism are: Private ownership of property, competition, individual initiative, Supply & Demand, and profit. Capitalism is primarily for the con