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How does profit relate to free enterprise?
Free Interprise Is the same
What drives and American free enterprise?
the desire for profit
What are the major aims of free-enterprise?
Free enterprise aims at maintaining free enterprise. It also aims at making best use of scares resources.
What are components of the free enterprise system?
there are four components of the free enterprise system which include: competition, the pursuit of profit, private property and the right to choose.
What role does profit motive play in the free enterprises system?
the free enterprise system is your mom in the profit is your mom too cause she's a benefit
How does profit relate to free enterprise?
Free Interprise Is the same
What drives and American free enterprise?
the desire for profit
What are characteristics of the free enterprise system?
producers motivated by profit
What economic system does the U.S. use?
Free Enterprise It is not Capitalism A Free Enterprise System is when you have the right to run a business to make a profit with limited interference from the government.
What are the major aims of free-enterprise?
Free enterprise aims at maintaining free enterprise. It also aims at making best use of scares resources.
What are components of the free enterprise system?
there are four components of the free enterprise system which include: competition, the pursuit of profit, private property and the right to choose.
What are the four factors underlying the free enterprise system?
There are four factors underlying a free enterprise system. They include private ownership of property, competition between businesses, individual initiative, and profit.
What risk their savings in a business venture in a free enterprise system?
the potential profit
What role does profit motive play in the free enterprises system?
the free enterprise system is your mom in the profit is your mom too cause she's a benefit
What is a free system?
A free enterprise system allows individuals to make their own economic decisions, without interference from the government. Free enterprise is a private profit-potential businesses system.
What are the characteristics of a free- enterprise system?
Private ownership individual initiative profit competition
How does the free-enterprise system discourage entrepreneurs who waste resources?
they can't make a profit
