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Q: What is the system in which people are free to start their own business and own their own property called?
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What is a system that allows people to start their own business?

Private property


A system in which the government does not control how people conduct business?

a system in which the government does not control how people conduct buisness


What liability insurance would you need for a warehouse in a rose business?

You would need property coverage and building personal property coverage specific to your industry. Being a florist, you have to account for what happens if the cooling system goes down and you lose your inventory. If you have clients coming into your location you need general liability insurance as well. Feel free to contact me at sjolton@bbandt.com to discuss further and/or get a quote.


What is a description of a franchise?

A franchise business is a business in which the owners sell the rights to their business logo. It is hard to drive more than a few blocks in most towns without seeing a franchise business. Examples of well-known franchise business models include McDonalds, Subway, UPS, and H & R Block. In the United States, there are franchise business opportunities available across a wide variety of industries.


What is involved in the classification of business according to industry and size?

In Australia the business classification system is known as the ANZSIC system of classification for industry. (Australian and New Zealand Standard Industrial Classification). They are classified according to sections, then the sections have a number or industries in them. The sections are named from A-Q. E.g Section H - Education. With size, it is classified from minute - small business - medium business - and large business. They are put into these categories into which of how much money they handle per month. In Australia the business classification system is known as the ANZSIC system of classification for industry. (Australian and New Zealand Standard Industrial Classification). They are classified according to sections, then the sections have a number or industries in them. The sections are named from A-Q. E.g Section H - Education. With size, it is classified from minute - small business - medium business - and large business. They are put into these categories into which of how much money they handle per month.

Related questions

What is a system that allows people to start their own business?

Private property


What is a system of the people who carry out the business of an organization called?

A bureaucracy


What is a system of people who carry out the business of an organization called?

A bureaucracy


An economic system where all business is controlled by people who share equally in the profits is called?

Libertarian Socialism is the economic system based on equal collective ownership of property. It includes Social anarchism and libertarian Marxism.


Is a system in which a person can own other people and treat them as property?

Yes, It is called slavery.


An information system that enables a business to record business transactions and report financial information called?

It is called an accounting system.


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.


Capitalism is an economic system in which all property is shared among all people?

No! Communism is an economic system in which all property is shared among all people.


Is thickness an intensive or extensive property?

In the physical sciences, an intensive property (also called a bulk property, intensive quantity, or intensive variable), is a physical property of a system that does not depend on the system size or the amount of material in the system: it is scale invariant. Distance is an intensive property.


Is having a surveillance camera system beneficial?

Having a system like this is very beneficial to all businesses when it comes to protecting there assets and customers. As for having one in your home or on your personal property it can be beneficial or a curse. If you have one on your personal property you need to remember to warn people just like a business does or you could get sued.


An economic system based on private property and free enterprise is called?

Capitalism


A system of governament in which there is no private property and the government owns everything?

It is called Containment.