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21 February, 12:07

In terms of the free enterprise system, what is the drive for the improvement of material well-being?

A) profit motive

B) open opportunity

C) voluntary exchange

D) private property rights

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  1. 21 February, 12:28
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    Answer: A. profit motive

    In the free enterprise system, the profit motive is the drive that motivates for the improvement of material well-being. Basically, this is the main target of business establishments, to earn and gain profit way higher than their invested capital, time and effort.
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