Free Enterprise
free enterprise
It is freeenterprise, Google it next time.
A free enterprise is the freedom of private businesses to operate competitively for profit with minimal government regulation. A mixed economy is a system that allows for the simultaneous operation of publicly and privately owned enterprises
Because of government regulation.
It could be either. Being private opens them to more opportunities for their business to come up with in growing their business enterprise.
Free enterprise is a business right. This right allows a business to compete for profits with limited regulation by the government.
Deregulation simply means the reduction or elimination of government regulation of business, and it falls under the heading of laissez-faire, or free market economics. Less government control means more freedom to do what you want.
All governments limit freedom. Each and every law and regulation reduces your individual freedoms and choices. Very few are justifiable.
Freedom of enterprise is where businesses can choose what to produce and how and bear the consequences themselves. You are free to create your own business for your own profit. The opposite would be if government did not allow private business, and you had to work for government businesses only.
It would have been more apt, if it is reworded as How does the government regulation affect market economy. In a controlled economy, government decides what its economy should be and hence has no relevance.In a market economy, the fundamental aspect of Choice and freedom... This enables production as per market demand and also creation of new markets for products. Government regulations affect the choice and freedom and hence may affect the market dynamics and economy.
In the late 1800s, supporters of laissez-faire capitalism argued that government regulation of business would stifle economic growth and innovation. They believed that free market competition would naturally regulate industries, leading to efficiency and prosperity. Proponents contended that intervention would create inefficiencies, foster corruption, and ultimately hinder individual freedom and entrepreneurship. Overall, they championed minimal government involvement in the economy as essential for a thriving capitalist system.