Ask Question
Social StudiesSocial Studies
24 January, 00:06

Explain at least three benefits of the free enterprise system?

+2
Answers (1)
  1. 24 January, 03:26
    0
    Commitment to legal equity: by giving everyone the same legal rights, we allow everyone to compete in the economic marketplace.

    Private property rights allow people to make their own decisions about their own property.

    The right of free contract allows people to decide what agreements they want to enter into.

    The right of voluntary exchange allows people to decide what and when they want to buy and sell, rather than forcing them to buy or sell, rather than forcing them to buy or sell at particular times or prices.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Explain at least three benefits of the free enterprise system? ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Which of the following is a concurrent power held by both the national government and state governments?
Answers (1)
The essence of Allport's trait approach is best described as what? A trait is an internal structure that causes different stimuli to appear to be equivalent in their meaning thus leading people to react to situations that appear to be similar in
Answers (1)
A principle of exercise that states that the only way to improve fitness is to increase the demands on the body is
Answers (1)
According to the positive/negative symptom classification scheme for schizophrenia, a. positive symptoms are made worse with drugs that increase dopamine. b.
Answers (1)
Which of these events came first? Francisco Pizarro conquers the Inca. Hernán Cortés conquers the Aztec. Popé leads a rebellion in New Mexico. Christopher Columbus sails to the Bahamas.
Answers (1)
New Questions in Social Studies
What was an effect of the 1954 Vietnam treaty? Vietnam was divided into two parts. North Vietnam became democratic. South Vietnam became communist. France gained power in Vietnam.
Answers (1)
Which is an example of a conditional agreement? A. A person goes to the doctor to get immunized from disease. B. A settler agrees to be a farmer in order to live on government land. C.
Answers (1)
A municipality's infrastructure includes which of the following? A. private homes B. public utilities C. government D. school boards
Answers (1)
Which theorists developed a temperament classification system in which most children are considered to be easy, difficult, or slow-to-warm-up?
Answers (1)
Which type of dramatic structure uses the technique of juxtaposition and contrast to connect scenes?
Answers (1)
Home » Social Studies » Explain at least three benefits of the free enterprise system?
Sign Up Forgot Password?