Characteristics of a Free Enterprise
By: Scotlynn Mathews
Bakers have economic freedom by freely being able to sell their creations.
Markets are created through trade. People voluntarily exchange items to satisfy the requests of people's wants and needs.
We have little government involvement and we have the right to have private property. We can do what we want with our property and it can't be taken away from us.
television producers continue to produce new and better televisions as long as consumers keep valuing and spending their money on them.
Runners in track compete to win medals like companies compete with each other to win more consumers and profit. Companies compete against each other.
This video shows how entrepreneurs are established and what they do for our world