Chapter 2, Problem 17AA

Solution

Examples of economic responsibility of an individual in a free-enterprise system are to be explained.

Two examples of economic responsibility of an individual in a free-enterprise system are:

1.The individual should be able to support themselves and their families. The individual have a responsibility to use their education in such a way that helps them to be the fruitful member of a free-enterprise system.

2. Government is an important part of the economy as it gives the right and responsibility to an individual to elect the government officials. For electing a government officials, it requires the understanding of government policies and examining the outcomes of those policies.