What Factors Show That “the Freedom Of Private Enterprises Is Great

1.	What Factors Show That “the Freedom Of Private Enterprises Is Greatest In The Free Market Economy?"
Answer» The freedom of private enterprises is the greatest in the free market ECONOMY, which is DEMONSTRATED by the following FACTS: The FACTORS of production (labour, land, capital) are privately owned, and production occurs at the initiative of the private enterprise. Income is received in monetary form by the sale of services of the factors of production and from the profits of the private enterprise. Members of the free market economy have freedom of choice in so far as consumption, occupation, savings and investments are concerned. The freedom of private enterprises is the greatest in the free market economy, which is demonstrated by the following facts:

What Factors Show That “the Freedom Of Private Enterprises Is Greatest In The Free Market Economy?"

Answer»

The freedom of private enterprises is the greatest in the free market ECONOMY, which is DEMONSTRATED by the following FACTS:

The FACTORS of production (labour, land, capital) are privately owned, and production occurs at the initiative of the private enterprise.
Income is received in monetary form by the sale of services of the factors of production and from the profits of the private enterprise.
Members of the free market economy have freedom of choice in so far as consumption, occupation, savings and investments are concerned.

The freedom of private enterprises is the greatest in the free market economy, which is demonstrated by the following facts: