Characteristics of Free Enterprise Capitalism

Joshua Kessler

1) Economic Freedom

This picture shows that our economy is free so you have the power to do what you want when you want.

2) Voluntary Exchange

This picture shows that in our economy we have the power to exchane our money with who we want when we want, and we can buy whatever we want.

3) Private property Rights

Your possessions are yours and the government or no one can take whats yours away from you.

4) Profit Motive

Everything in business is about making a profit and becoming as rich as possible

5) Competition

Competition drives the economy. The need to out due your competitor so you make the most profit.

here is a picture describing the role of entrepreneurs and how they are the center of our economy.

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