halisalloves halisalloves

06-06-2016
Business

Answered

What are five basic principles found in a free enterprise system?

Verified Answer :

metchelle metchelle

13-06-2016

The five basic principles found in a free enterprise system:
1. Freedom to choose our type of business
2. Profit Motive
3. Competition
4. Right to private property
5. Consumer Sovereignty

This is how the world of free enterprise system operate.

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