American Free Enterprise

Profit Motive

The business above has used incentive to expand greatly


Competition is really important in our economy. This picture shows competition between two tractor companies.

Private Property

Private property is the incentive to work, save and invest

Voluntary Exchange

The picture above shows goods being exchanged between buyers and sellers

Economic Freedom

Economic freedom is the ability to make choices for yourself involving your occupation and money.

Comment Stream

2 years ago

I really like the pictures that you used to explain the characteristic. I also liked the video and how it talked about entrepreneurship.

2 years ago

I feel like you could have gone into more depth on the explinations