Characteristics of Free Enterprise


1.) Economic Freedom

I chose this picture because it gives examples of economic freedom throughout the picture.

2.) Voluntary Exchange

I chose this picture because it's exchanging money for a good.


3.) Private Property

I chose this picture because we own our land. If we purchased it, we have the right to choose who and what are allowed on it.

4.) Profit Motive

I chose this picture because it's shows greed basically. It's all about the money to businesses.

5.) Competition

I chose this picture because it's a form of competition. Without competition, you can't improve you're game. Businesses are always trying to improve to increase profits.

Comment Stream

2 years ago
0

Your pictures went really well with the characteristics. Also you did a good job of explaining why you chose that picture.

2 years ago
0

You did a really good job overall. I liked the picture you used, but I think some of your explanations could use a bit more detail.