answersLogoWhite

0


Best Answer

Capitalism

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the idea that people own their own property and work for their own profit?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What four things make the market system work in economics?

Competition, profit, private property, and freedom of exchange.


Robert owen was a utopian who supported what idea about work and property?

Robert Owen was a utopian who supported what idea that work should be shared and that property should be owned in common. Owen was one of the founders of the utopian socialism movement.


Why do people venture into a business?

for me...most people venture into business to have profit and to have xtra work.


Where is the best place to work as a property claims adjuster?

To find the best locations for property claims adjusters check the real estate in the areas you are looking at. Also, speak to people currently working in those areas to get a better idea of whether it would be a good area to work in or not.


What was the relationship between work and property in a Utopian community?

People worked together and shared their property.


Why are people not interested in taking up farming as an occupation?

hard work, low profit


What are the three elements that are central to sustainable development and how they protect your place at work?

planet people profit


What does the iFlip business automation system do?

The iFlip Business Automation System is a real estate property flipping tool, which automatically buys and sells properties in order to gain a profit with little or no hands on work from the property buyer.


What is notional profit?

Notional Profit = Value of work certified-(cost of work to date-cost of work uncertified)


What are the four elements of the free enterprise system?

Competition- Different businesses can compete for business, money, etc. Profit- You can earn a profit if you are working with a company, meaning you give in work, and you get money Private Property- You can buy property, making it yours, and only yours Economic Freedom- Freedom to buy what the business men thinks will sell


How does profit sharing work?

formula of profit sharing bonus


What are four key elements of the free enterprise system?

Competition- Different businesses can compete for business, money, etc. Profit- You can earn a profit if you are working with a company, meaning you give in work, and you get money Private Property- You can buy property, making it yours, and only yours Economic Freedom- Freedom to buy what the business men thinks will sell