The freedom to choose your occupation, employer, and job location
This picture represents economic freedom because it shows a variety of different jobs that are available to people with different skills and interests.
Freely and willingly engaging in market transactions
This picture represents voluntary exchange because it shows two people making an agreement with money.
Private Property Rights
To own and control possessions as you wish
This picture represents Private Property Rights because everything in your house is locked up and belongs to you.
The incentive that encourages people and organizations to improve their material well-being
This picture represents profit motive because a business's goal is to make money
The struggle among sellers to attract consumers