Entrepreneurs are important because they help boost the economy. Entrepreneurs create jobs and help other businesses expand their clientele by partnering with them.
Competition is important to a free enterprise economy for many reasons including; lower pricing, improving product and attracting consumers.
entrepreneurs
In an economy based on free enterprise people are free to start their own businesses.
The difference between free enterprise and market economy is that in a market economy, thr govevernment has little effect on what you do with your company, and in a free enterprise economy, the government has more control over wat goes on with the company. If you. Are over the age of 12 and you asked this, you need some help because I am 11 and I wrote this.
they can't make a profit
Entrepreneurs are important to the free enterprise system because their investments helped fund the industrial economy.
Competition is important to a free enterprise economy for many reasons including; lower pricing, improving product and attracting consumers.
entrepreneurs
Yes, the US has a free enterprise economy.
In an economy based on free enterprise people are free to start their own businesses.
in their legal documents
The economy is a free enterprise market economy.
The economy of Philippines is based on free enterprise.
The difference between free enterprise and market economy is that in a market economy, thr govevernment has little effect on what you do with your company, and in a free enterprise economy, the government has more control over wat goes on with the company. If you. Are over the age of 12 and you asked this, you need some help because I am 11 and I wrote this.
they can't make a profit
Yes it does
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