Free Enterprise

By: Dominique Hall

Benefits Of Free Enterprise & Why People Want It

Promotes Social Goals

(improving quality of life for all of us)


Individuals can start businesses and gain profit

(Little to government is involved)


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This economy lets people start businesses that others can invest in and it has little to no interference with the government.

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How It Works

The 5 Main Principles To Operate:
The Freedom to Choose Our Business

The Right to Private Property

The Profit Motive

Competition

Consumer Sovereignty


Who's In Charge:

Businesses and Consumers


How are People Paid?

-By the profit of what they sell


How Do They Buy and Sell Things That are Needed?

-They Create a product and Sell or trade items

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