Characteristics of Free Enterprise

Economic Freedom

Means that you have the freedom to choose your occupation, your employer, and your job location.    

Voluntary Exchange

The act of buyers and sellers freely and willingly engaging in market transactions.

This comic shows the example of voluntary exchange that you don't always need to buy something and sometimes is good to listen to your daughter's advice.

Private Property Rights

Allows people to own and control their possessions as they wish.

Profit Motive

The incentive that encourages people and organizations to improve their material

People earn rewards for they efforts which is example of profit.


The struggle among sellers to attract consumers.

A comic of woodpecker and his friends competing against each other that who gets to the finish line first.

Comment Stream