The Stories of the Market, Enterprise

Its ongoing mission, to spur competition, to ensure economic freedom and the private property rights, to boldly ensure the profit motive and voluntary exchange of all

Capitalism Log #000010

Economic Freedom is more that simply buying whatever you want. It's also the freedom to produce what is in demand and what you want as a business.

Capitalism Log #000200

Engaging in willing market transactions is known as voluntary exchanges

Capitalism Log #003000

Owning your own possessions and being able to decide how they are used and for what they're used is an explanation for private property rights

Capitalism Log #040000

Profit motive is in its most basic form, risk-taking in order to earn a financial profit

Capitalism Log #500000

The struggle to attract consumers is known as competition. Competition spurs innovation for businesses to develop new methods that will allow them to lower prices

Comment Stream

2 years ago
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I like how your video on property rights and owning items shows the complexity of having an economy where all items are to be shared by the public and its people. It highlights the problem of not having an incentive that is required to make sure that people use their resources in a sustainable way. Without the ability to privately own property any economy comes to financial ruin and hardship because nothing is cared for and will cease to exist in its previously useful form.

2 years ago
0

Your video on property rights greatly covers the topic. It explains greatly how private owned property encourages growth in the economy with less government help and more individual enthusiasm.

2 years ago
0

Your Star Trek theme was creative and entertaining. I noticed you made use of the "button" feature that tackk provides so you get points for that also.Lastly your video on private property ownership was a good way to represent how private property encourages consumers to buy products.

2 years ago
0

You're tackk was the most interesting one I've seen so far! I agreed on all the pictures, as well as the explanations! 👍

2 years ago
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Your video connects well to the thought of the enterprise system. This also is kind of punny because of the conversation in class

2 years ago
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The explanation you gave on private property rights was a great explanation. It gave more detail than just people owning their own property. It related back to how it helps our economy grow.