Free Enterprise

Hannah R, Riley V & Krista W

Free Enterprise:

A form of economy in which there are little to no restrictions. This allows for free trade without the interference of the government.

Adam Smith: "Father of Economics"

Real Life Examples

  • Supply & demand in the market fluctuates.
  • Entrepreneurs create businesses, therefore creating jobs and helping the economy.
  • A true "Laissez-Faire" market has not ever existed on large scale.
  • Doing what you believe will benefit you the most is an example of Rational Self Interest.
  • "The positive effects of an open market are clearly evident in the stellar growth of the U.S. economy over the past decade. Since 1990, the U.S. economy has grown by more than 23 percent..." (