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What are the connections between democracy and the free enterprise system?
Wiki User
∙ 12y ago
You might think capitalism equals free enterprise and so does
democracy equal free enterprise. Captiialism is the methodology of
big business. A democracy creates the space to practice free
enterprise and then free enterprise fosters capitalism which is basic
-ally "money making money", a specialty employed by big business,
but democracy allows for any size business or individual to emulate
big business and also to invest (and reinvest to "make money with
money" and to no limit)
Wiki User
∙ 12y ago
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Which idea is the driving force of the free enterprise system?
competition
What are the major elements of free enterprise?
Some major elements of a free enterprise system include right of land and freedom of economic decisions
What is GFEBS?
GFEBS stands for General Fund Enterprise Business System.
What are some of the rights that must be protected for a free enterprise system to work?
Corect
What type of noun is democracy?
The noun 'democracy' is a common, abstract noun; an uncountable noun as a word for a system of government, a company, or an organization in which people vote in elections to choose the people who will govern them; a countable noun as a word for a country that has democracy.
Which is another term of the free enterprise system?
democracy
Explain the connections between democracy and the free enterprise system?
Typically, the connection is that when people are politically free to express their own interests, they will correspondingly be economically free to buy and sell goods and services. This is a weak connection at best, since there are numerous countries with relatively free markets that are very non-democratic and there are numerous countries that are democratic with highly nationalized or restricted markets.
Can a female get pregnant if she drinks sperm?
No. There are no connections between the digestive system and the reproductive system.
Why is demoracy government good?
A democracy allows free enterprise, which means people can set up their own businesses and earn as much money as they want. The government will not play a role in the free enterprise system. A democracy also allows the people to vote on important government officials, mayors, senators, presidents, etc..
What is a private enterprise system enterprise 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.
What was the relationship between the rights of individuals and the rights of overall society?
What is the free enterprise system
What are the four factors underlying the free enterprise system?
There are four factors underlying a free enterprise system. They include private ownership of property, competition between businesses, individual initiative, and profit.
A sentence with free enterprise system?
The United States is a free enterprise system.
What is an enterprise resource planning system?
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.
What is the difference between a personal database system and a enterprise class database system?
A personal database system allows users to store their own files and interact with other applications. An enterprise class database system allows enterprises to analyze their own data.
What statement best describes a difference between a presidential system of democracy and a parliamentary system of democracy?
The widely used definition of Presidential Democracy is "A system of government where the executive branch exists separately from a legislature" whereas, Parliamentary Democracy is defined as "A party with greatest representation in the parliament and its leader becoming the prime minister or chancellor".
What is an enterprise system and how are they used to change organizations?
An enterprise system helps to improve the economy of an organization.
