A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from the government. It allows the supply and demand of consumers to determine the success or failure of an economic endeavor. As a result, some business owners have become successful, while others have not.

In an essay, you will choose an entrepreneur and argue whether the free enterprise system was necessary for that individual to make an impact on the business world.

Answers

Answer 1

In light of the given discussion, the United States of America is a free enterprise economy with experiential entrepreneurship one among them is Mitt Romney the top businessman in the US.

Explanation:

This system helps an economy to flourish

Taxation revenue is largely contributed by budding entrepreneurs

The decision making in free enterprises is fast-paced in all aspects

Free enterprises promote major transformations in an economy in terms of public policymaking

Entrepreneur participate in government initiatives to create social infrastructure  

Rapid industrialisation is a central theme of free enterprise

Free enterprises help flourish an economy:

Answer 2

A free enterprise system gives customers and consumers the flexibility to make their own economic decisions without restrictions from the government.

This is as as a result of capitalism where profit is the major driving factor for any business and adverts are made by producers so that consumers would purchase their goods or services.

Therefore, free enterprise system is necessary because:

It gives the consumer freedom to make his economic decisions.It discourages monopoly.There is healthy competition among producersQuality of goods produced are increased as a result of the market  demand and size.

Read more here:

https://brainly.com/question/22802195


Related Questions

identify four purposes of government​

Answers

Answer:

Protect Civil Rights

The U.S. government is set up to ensure that all Americans regardless of race, gender or creed are afforded the same rights, privileges and participation in government. When the Founding Fathers ratified the U.S. Constitution, they included the Bill of Rights to protect freedoms of speech, freedom of the press and freedom from unlawful searches and seizure of their property. The Bill of Rights was later amended to abolish slavery after the U.S. Civil War and extend the right to vote to former slaves, then women, then to citizens 18 and older.

Maintain a Justice System

The federal government and each state have laws to protect citizens from criminal activity and punish offenders. Local, city and state governments hire and maintain police forces and court systems to enforce laws. The Federal Bureau of Investigation enforces laws that cross state lines. The FBI enforces the law against terrorists, bank robbers, embezzlers and corrupt federal politicians. The U.S. Department of Justice also defends federal laws. A network of courts metes out punishments for criminal offenders, starting with 94 district courts. You can appeal decisions to the U.S. Circuit Court of Appeals and ultimately the U.S. Supreme Court.

ilitary Protection

Whether it’s a world war or civil war, the U.S. government has provided military protection for its citizens starting with the American Revolution. The U.S. Department of Defense is the umbrella over the U.S. Army, Navy, Air Force, Marines, Coast Guard and National Guard. In this century, U.S. armed forces invaded Iraq to depose dictator Saddam Hussein and invaded Afghanistan following the destruction of the twin towers in New York City by terrorists. In 2010, the U.S. military had 1.4 million people deployed in active duty and 833,000 in the reserves.

Build and Maintain Infrastructure

The U.S. government is responsible for building and maintaining the nation's network of highways. The Federal Highway Administration oversees more than 46,000 miles of interstate highways, plus all the bridges, tunnels and ramps built into the system. The federal government subsidizes mass transit systems, such as the New York subway system overseen by the Metropolitan Transportation Authority, as well as commuter rail lines and public bus systems. The government has taken a leading role in some energy production projects, such as the Hoover Dam on the Colorado River between Arizona and Nevada.

Explanation:

plsss helppp!!!! Why did the Ndongo people fight the Portuguese people?

Answers

Answer:

The answer is #2

Explanation:

The fight between the Portuguese and the Ndongo people had gotten to a stage where peace needed to be brokered. The Portuguese had other arrangements in mind and this became feasible at the conference. The Ndongo were driven out of their court in Kabasa, which made the king officially in exile. The Portuguese did not want to proceed with the treaty if the king was in exile and unbaptized. As a result, the Portuguese never honored the treaty and they continued to raid the kingdom, taking Africans as captives and precious items in the process.

I have dyslexia and i cant read this propertly nor undirtand it, could anione help?

Answers

Answer:

What economic incentives were open to settlers who moved out west>

A) Raids by Native Americans from that area on the wagon trains moving through the territory.

B) Western Land offered at lower prices or free by the US government.

C) Opportunity to sail to foreign lands.

D) Opportunity to move into Mexico.

Explanation:

Answer:

its C to help u out

Explanation:

Help iready I’ll mark brain list please.

Answers

Answer:

It's C

Explanation:

Answer:

The answer would be D.

Explanation:

What was one of the main problems with states controlling their own currency?
A.
States always had to pay the national government more money than they were able to produce.
B.
States could make their own money and assign it a specific value.
C.
Paper money would only last a few months and had to be replaced.
D.
State produced currency made interstate trade easier to control.

Answers

Answer:

c

Explanation:

Answer:

c

Explanation:

edge

Explain how the vice president can become president due to a disability.

Answers

if the president gets hurt or dies the vice president steps in if it's an injury until the injury heals and then when the president is good he will go back to being the president but if the president if the president dies he will become president for the rest of the term for example if their is 2 years left for the presidents term the vice president will complete that. Also, if let's say the president breaks his ankle the vice president steps up so the actual president could focus on getting better and everything

why is farming an important source of livelihood in the village​

Answers

Answer:

Agriculture provides more than food. It contributes to economic growth, to better livelihoods and to provision of environmental services important to poor people in urban and rural areas. ... It suggests roles for the international community and development agencies, including DFID

Explanation:

not sure

Explanation:

Farming is a important lively houd of a village. so villages have little food so farmers help with food. People also can sell their crops for live stock and other things for there farm

What are the major feature of 'state of law List
them.

Answers

Answer:

Religion and Morality

Legislation

Delegated Legislation

Judicial Decisions

Equity

Scientific Commentaries:

Explanation:

I just need to ask one thing, how do you put on brainliest.

Answers

Answer:

I got you

Explanation:

to give brainiest you first need two answers. after you have 2 answers there should be crown either on the top of the answers of on the bottom by the ratings. after you find the crowns you click on them and boom you gave brainiest.

what are appropriate names of indigenous people of north america

Answers

Answer:

Native Americans

American Indian

Explanation:

Hope that helps

PLEASE HURRY DUE IN 5min WILL MARK BRAINLIEST
5 ) Wanting to be a good teammate, Erika never mentioned the other players. She expected them to step up and admit their involvement. She ended up taking the fall alone. Her teammates avoided her, saying they were happy the cheater was off of the team. With the exam postponed, they were treated as heroes for winning the championship without her. Erika transferred to another school, remembered as the girl who cheated to make straight A's. Today, a star athlete and college scholar, Erika blames past mistakes on no one but herself. The ball is in her hands again. This time she plans on making better decisions.



Which of the following facts is expressed implicitly in paragraph 5?
Erika transferred to another school.
Erika's teacher postponed the exam.
Erika's team won the championship.
Erika was hurt by her teammates.

Answers

Answer:

Erika was hurt by her teammates?

Explanation:

Erica was hurt by her teammates

Select the correct answer from each drop-down menu. Examine the cartoon and complete the paragraph that follows. a cartoon showing Andrew Jackson as a king This cartoon of Jackson was released when he vetoed an attempt by Congress to renew the charter for the Second Bank of the United States in 1832. The bank provided economic services to wealthy, upper-class Americans. Jackson felt that the bank . The illustration of him dressed as a king holding a veto implies that he considers himself to be . 1 box: ignored the needs of American indians, created social inequality in the country, would cause a financial crisis in future 2 box: above Congress in power, a true patriot, a spokensman of the common people

Answers

Answer:

This cartoon of Jackson was released when he vetoed an attempt by Congress to renew the charter for the Second Bank of the United States in 1832. The bank provided economic services to wealthy, upper-class Americans. Jackson felt that the bank created social inequality in the country

. The illustration of him dressed as a king holding a veto implies that he considers himself to be above Congress in power.

Explanation:

I took the test and got 100%. And if you read about Jackson and the second bank you would know that Jackson felt that it created inequality between the upper and lower classes. And that Jackson sometimes acted as if he was above Congress.

Answer:

above Congress in power

Explanation:

The picture of President Andrew Jackson as a monarch holding the veto card was a mockery of his stance on the issue of the renewal of the charter of the Second Bank of the United States. The cartoon, thought to be created in 1832, portrayed the president as a person who felt that he was above congress.

He overruled the endorsement by congress of the bank because he believed that the bank had too much powers and did not represent the interest of the poor. More so, the few rich people in control of the money in that bank were Easterners, and so the money did not benefit the American economy.

What type of government combines both unitary and confederal political systems?
A.
totalitarian
B.
direct democracy
C.
federal
D.
monarchy

Answers

The answer is C, federal!

Answer:

C. federal

Explanation:

it's just the only logical answer.

Families with children were allowed to stay home and were not forced to move to the camps.

Answers

confused by what youre asking

false jtjtjtititjtjtjtjtjtitititkt6k5k5k5k

nepali essay about samaj sewa​

Answers

Hope it helps.........

Marylyn is a very driven person who seeks to push ideas forward to keep people on their toes; however, she also has a problem with stepping on peoples toes and being overly critical of others. Marylyn probably has high ________ and low ________.

conscientiousness; openness to experience

emotional stability; agreeableness

openness to experience; agreeableness

conscientiousness; emotional stability

agreeableness; emotional stability

Answers

Answer:

conscientiousness; emotional stability

Explanation:

Conscientiousness as a part of personality theory is simply the act of an individual in always being organized, systematic, punctual, achievement oriented, and dependable, very reliable and prompt, methodic, and very thorough. The theory of the big five personality traits commonly known as the five factor model is based on common language descriptors of personality.

High conscientiousness is often referred or perceived as stubbornness and obsession. they are usuallyGoal- and detail-oriented and are well organized, do not give in to impulses and others.

Emotional Stability is simply called Neuroticism in the personality theory. It is simply defined as the level of calmness and tranquility of an individual. A person who has a low score in it are usually emotionally stable and very resilient. They deals well with stress and hadly feels sad, impulsive, moodyy, or depressed and other traits.

How did the American Revolution affect women?

A] Became more politically active
B] Drove horse-drawn wagons
C ]Took care of their families
D]Traded goods at the general store


PLEASE HELP!!!!

Answers

A! Hope this helps!!

Help ASAP!! I will give you Brainliest answer!!!!!1
What are concepts that connect between Modern day life and Ancient Rome life?
2 things

Answers

Answer:

Ancient rome was progresing fast and making now goverments as we are now. Also most of our tranportation can from there.

Explanation:

Hope this helps.

What is parallel scale in music?

Answers

parallel key is when a major or a minor scale have the same tonic.

In five to six sentences, describe how Israel's past has influenced modern day Israel.

Answers

Answer:Israel's past has influenced modern day Israel in different ways. Judaism that started in history is still present today in Israel. Also, being God's chosen people has created a country filled with biblical history. ... Israel still holds the history of the past, and it is represented in the future.

Explanation:

Write any five examples of democratic culture,

Answers

Answer:

1) academics freedom

2) avoidance of crimes and Evils

3) equal behavior

4) loyal in duties

5) voice against injustice

Explanation:

PLEASE MARK ME AS BRAINLIEST

Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional
questions.
Online Content: Site 1
Discuss two of the ways that rainforests benefit us every day. (Site 1)
THIS IS DUE IN 12 HOURS⚠️

Answers

Answer:

Explanation:

the rainforest benefits us everyday because people chop down trees to make wood (even though its bad for the rainforest) and to make furniture for people everyday and shops and things to sell to make money to buy food for people and tis a continuing cycle.

Answer:

the rainforest benefits us everyday because people chop down trees to make wood (even though its bad for the rainforest) and to make furniture for people everyday and shops and things to sell to make money to buy food for people and tis a continuing cycle. Civic education empowers us to be well-informed, active citizens and gives us the opportunity to change the world around us. It is a vital part of any democracy, and equips ordinary people with knowledge about our democracy and our Constitution.

write this in your own words I will do brainliest: Actions designed to save lives, alleviate suffering, and to maintain/protect human dignity during, and in the aftermath, of man-made crises as well as natural disasters; while also strengthening preparedness for the occurrence of such situations.

Answers

Answer:

Actions aimed at saving lives, alleviating misery and preserving/protecting human dignity during and after man-made conflicts and natural disasters, while at the same time reinforcing preparedness for the occurrence of such circumstances.

Explanation:

Answer:

Individuals can contribute to the humanitarian effort themselves by:

Inviting a homeless person to dinner or to a holiday party.

Donating money to a larger organization that helps people.

Assisting a disabled person.

Visiting an elderly person in the hospital.

Reaching out to a person who is often left out at work or school.

A place that has no laws and no government is known as

a, state of nature
b,bicameral
c,natural rights
d, republic

Answers

a) state of nature. it is described as no government, no civilization, no laws, and no common power to restrain human nature.

Where did the printing press originate? HELP PLEASE

Answers

Answer:

in the year 1440

Help me with plz I beg u plz plz

Answers

The answer is D, bill of rights

Answer:

I'd say number 3

Explanation:

this is just what i think

Melinda is at a museum, watching how parents interact with their children. She counts the number of times scientific explanations are given to girls versus boys. This is an example of

Answers

Answer:

Naturalistic observation

Explanation:

Natural observation is a very common and useful research method in which a researcher can observe a subject in the natural environment.Natural observation is valuable when a researcher wants to get more information about people in a particular social or cultural context, but natural information cannot be gathered in any other way.Observed behaviors occur in natural settings, natural observations have strong structures and facial authenticity

Which government agency works to maintain water and air quality in Florida?
Othe Audubon Society of Florida
the Nature Conservancy the Department of the Interior
the Department of Environmental Protection

Answers

Answer:

b

Explanation:

i took the test

Answer:

the Department of Environmental Protection

Explanation:

What types of cases are tried by the Supreme Court? Can you give an example?

Answers

I think in the Supreme Court the cases taken are crimes and problems with fraud but in an not positive hope this helps.

Why is tony stark a good or bad character

Answers

Answer:

tony stark is a good character

Explanation:

because he saves people.

Answer:

Tony stark is a good character.

Explanation:

He is a good Character because he has understood that his mistakes in the past can still hurt people in the future so he saves people to make up for it as he goes along with life being Iron man he has made new friendships he has a relationship a daughter named Morgan and a kid named peter parker that he thinks of his own child he protects his friends and family and at the end of the day, he sacrificed himself for the fate of the universe.

I state my case.  

Other Questions
WILL GIVE BRAINLIEST PLEASE I NEED HELPLook back through the part of The Diary of a Young Girl that you have read already, and find an incident that you think is particularly meaningful. Create a "diary comic" illustrating the event or situation you chose. (Note that you don't have to draw Anne herself to represent the event as a comicyou can use objects to tell the story.)I READ THE FIRST THREE CHAPTERS(Since everybody is asking) I have to write the balanced equation How did George Washington Carver solve depleted soil from growing cotton. Find the value of xA. 25B. 35C. 55D. 10 Which statement is most accurate about energy absorbed and released in this chemical reaction?pls help im being timedMg(OH)2 MgO + H2O [H = 37.1 kJ]A. It is an endothermic reaction and energy is released from the systemB. It is an endothermic reaction and energy is absorbed by the systemC. It is an exothermic reaction and energy is absorbed by the systemD. It is an exothermic reaction and energy is released from the system Define Propaganda. Please help me out How did booker T Washington think that African Americans could gain equal rights Sue is making a square blanket. She has 169 square feet of fabric for the blanket. How long will one side measure when she completes the blanket? What is the personal theme of Amanda Gormans Ted Talk? what is the answer ? 6 + 3u = In a paragraph, write the 2-3 biggest takeaways from chapter 15 on kill a mockingbird Piz help me fast asap thx calculate the scale factor will mark branylis 1. How is the structure of this (story once upon a time) similar to a fairy tale?What elements do they share? Cite details from the text to support youranalysis. please helpp!! twice a number when described by 7 gives 45 . find the number. and also who wants to talk im bored Simplify completely. Leave your answer in exponential form: List the levels of organization of that makeup an organism, starting with an atom and ending with an organism. Describe Germany before 1800. How are their political communities organized? saan mo makikita ang isang estilo sa isang kwentong bayan o akda? How many amino acids will result from the following strand of DNA?ACGCCCAA ATACA. 12 amino acidsB. 3 amino acidsC. 4 amino acids