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In America free enterprise capitalism the profit can be best thought of as what?
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Economic system based on investment and profit?
Capitalism
How could you use capitalism in a sentence?
One can say that capitalism is based on a profit motive.
Can anyone in America define capitalism?
A situation where private money and wealth is used in the production and sales of goods, where the profit goes back to private stockholders.
What economic system is based on private ownership and competition motivated by profit?
market economy
Free enterprise or capitalism exists insofar as?
Free enterprise exists regardless of the risks involved for the business people so long as they can make a profit. Capitalism is a dream of the very wealthy to fore go any responsibility in relation to the place that they occupy in society and be able to accrue wealth without necessarily putting any thing back into society.
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.
Economic system based on investment and profit?
Capitalism
What is a free enterprise system mean?
The Free Enterprise System is based on the right of the individual to run a business for profit with a minimum of government control. The characteristics of a free enterprise system are freedom, competition, and private ownership.
How could you use capitalism in a sentence?
One can say that capitalism is based on a profit motive.
What is the difference between an organisation and enterprise?
An organization is basically any collection of people, whether for profit or non profit. An enterprise is usually a business, for profit organization.
What does capitalism depend on?
The profit motive and the exploitation of the working class.
Type of economy with private ownership control and profit?
Capitalism. type of profit control?
How much profit may individuals keep in capitalism?
There is no limit on profit, except taxes.
Can anyone in America define capitalism?
A situation where private money and wealth is used in the production and sales of goods, where the profit goes back to private stockholders.
What economic system is based on private ownership and competition motivated by profit?
market economy
Free enterprise or capitalism exists insofar as?
Free enterprise exists regardless of the risks involved for the business people so long as they can make a profit. Capitalism is a dream of the very wealthy to fore go any responsibility in relation to the place that they occupy in society and be able to accrue wealth without necessarily putting any thing back into society.
What are The people and things that the organization needs to have to stay in business are called?
Under capitalism, a business needs to make a profit in order to survive. So capitalism is about profit-making, not about meeting the needs of customers or employees.
