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They worked hard and together with resources around the!

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Vickie Schuster

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3y ago

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Where did free enterprise begin?

It begun in Africa and Blacks created it.


Why might a centrally planned economy begin encouraging some free enterprise?

A centrally planned economy might begin encouraging some free enterprise to stimulate economic growth, increase efficiency, and foster innovation. By allowing private businesses to operate, the government can harness market mechanisms that drive competition and responsiveness to consumer demands. This shift can also help alleviate resource allocation issues that often arise in rigidly controlled systems, ultimately leading to improved living standards and economic dynamism. Additionally, integrating free enterprise can attract foreign investment and expertise, further enhancing economic development.


Why is capital so important in economics?

as finance used to acquire produced equipment; as all finance used to begin and carry on production, including the wage fund; and as the assessed value of the whole productive enterprise


Why do some nations begun a transition to free enterprise?

Nations often begin a transition to free enterprise to stimulate economic growth, attract foreign investment, and enhance efficiency by promoting competition. This shift can improve living standards by fostering innovation and creating job opportunities. Additionally, adopting free-market principles can help reduce government intervention, leading to better resource allocation and increased consumer choice. Political and social pressures for reform, along with globalization, also play significant roles in this transition.


When did poverty begin in Africa?

it begin in 1700

Related Questions

How did the colonist begin to create a free-enterprise system?

They worked hard and together with resources around the!


How did the colonist begin to create a free enterprise?

They worked hard and together with resources around the!


How did the colonists begin to create free enterprise system?

They worked hard and together with resources around the!


How did the colonist begin free enterprise system?

The free enterprise system was an economic system in which the means of production and distribution are privately or corporately owned and development is proportionate to the accumulation and reinvestment of profits gained in a free market. This was dominant after mercantilism and it was fostered by the Reformation and rise of the Industrial Revolution.


Where did free enterprise begin?

It begun in Africa and Blacks created it.


Why did colonist begin settling in the backcountry?

because both men and women had to work hard to survive.


What was the last straw for colonist before deciding to begin the revolution?

Boston Blockade or Intolerable Acts if I am correct.


What word begins with the letter f in the solar system?

Friction, fission, fuel, fossil fuels are just a few science words that begin with the letter F.


When and how did letter writing begin?

Ancient Egyptians and Sumerians are the first people to create a writing system.


How did the real estate industry begin in the US?

It began with the establishment of Pennsylvania. William Penn sold lots of land to colonist.


How did the customary system begin?

It wanted to


Why did Great Britain begin taxing the colonies after the seven years of war?

they started taxes because they spent lots of money on the war to protect the colonist