UNDERSTANDING BUSINESS: SIMNET >IC<
UNDERSTANDING BUSINESS: SIMNET >IC<
12th Edition
ISBN: 9781307367065
Author: Nickels
Publisher: MCG/CREATE
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Chapter 2.2, Problem 4TP
Summary Introduction

To determine: The four rights that people have under free-market capitalism.

Introduction:

Economics is the term used for the study of production, distribution and consumption of resources.

Fundamental rights that exist in the economic system called free-market capitalism are; freedom to own property, freedom to compete, freedom to own a business and to keep all of its profits and freedom of choice.

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