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12 February, 06:02

Give examples of three different economic freedoms in a free enterprise system.

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Answers (2)
  1. 12 February, 07:42
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    Answer;

    -Owning private property,

    -being able to decide if you want to own property, and

    - being able to price your items at the price you want them

    Explanation;

    Free enterprise system is a market driven economic system. the aspects of free enterprise that are free include; the choice of business that you want to start, the price you want to sell, the resources you wish to use, the people you want to hire and the choice of consumers.

    The following rights must be protected for a free enterprise system to work;

    -Free Contract

    -Legal Equality

    -Open Opportunity

    -Private Property
  2. 12 February, 08:14
    0
    Owning private property, being able to decide if you want to own property, and being able to price your items at the price you want them.< - - If you own a store
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