(Apex Learning) Individuals own businesses, and they compete with one another for profits.
Originally, the distinction was made between personal computers which were relatively smaller, less powerful machines used by individuals at their homes, and business computers used by big companies, which were larger and more powerful. As computing technology has advanced over the decades, personal computers are now much more powerful than the previous business computers used to be, and now most businesses use exactly the same kind of computers that individuals use. However, there are some businesses that still require more powerful computers than the personal computer. Banks, for example, have greater needs. There are also special computers used for scientific research.
It allow individuals to operates their businesses in ways they think will maximize their profits.
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Nationalization of industries and businesses.
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