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What prompts efficient resource allocation in a well functioned market system?
business operating for a profit
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What risk their savings in a business venture in a free enterprise system?
the potential profit
What does a capitalist economic system encourag?
private business ownership
What is an online CRM?
An online CRM, customer relationship management, is a software system that business owners or sales associates may use to increase their productivity and ultimately their profit too. This system would help to manage sales leads, automate future contacts, as well as the product.
What does GPS stand for .?
Global Positioning System (GPS) is a satellite-based system for accurate location of points on the Earth.
What is given to a system of trade in which individuals can operate from profit from business?
free market economy
What is an economic system characterized by the investment of money in business ventures with the goal of makeing a profit?
Capitalism
An economic system characterized by the investment of money in business ventures with the goal of making a profit?
Capitalism
What prompts efficient resource allocation in well functioning market system?
business operating for a profit
What economic system does the U.S. use?
Free Enterprise It is not Capitalism A Free Enterprise System is when you have the right to run a business to make a profit with limited interference from the government.
What statement is true about the free enterprise system?
it allows the citizen to own and operate private business for profit.
