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Published on Nov 18, 2015

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PRESENTATION OUTLINE

FREE ENTERPRISE

BY:CLAYTON WHITMIRE

FREE ENTERPRISE

IT IS A SYSTEMIN WHICH PRIVATE BUSNISSES ARE ABLE TO COMPETE WITH PPL

WHAT IS “FREE ENTERPRISE”?

  • •Free: Having liberty; not controlled by others.
  • •Enterprise: An undertaking or project; readiness for daring action.
  • Therefore, we can define Free Enterprise as: Being at liberty to undertake a daring action without being controlled by others.

•Human behavior is based on the belief that we: –Prefer more to less. –Want it sooner rather than later. –Want it themselves rather than for somebody else to have it.

  • •Human behavior is based on the belief that we:
  • Prefer more to less.
  • –Want it sooner rather than later.
  • Want it themselves rather than for somebody else to have it.

QUESTIONS ABOUT FREE ENTERPRISE

  • IN free enterprise do people have the right to own there own property
  • Do they have the right to do what they want on it