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Free Enterprise. American way Land of opportunity Protected by Constitutional Rights Property Rights/Taxation only by Constitution PROFIT MOTIVE- increase.

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Presentation on theme: "Free Enterprise. American way Land of opportunity Protected by Constitutional Rights Property Rights/Taxation only by Constitution PROFIT MOTIVE- increase."— Presentation transcript:

1 Free Enterprise

2 American way Land of opportunity Protected by Constitutional Rights Property Rights/Taxation only by Constitution PROFIT MOTIVE- increase individual wealth and standard of living OPEN OPPORTUNITY- mobility in economy ECONOMIC RIGHTS- legal equality, private property rights, free contract agreements, voluntary exchange, competition

3 Free Enterprise Consumers- ability to meet wants and needs and let markets know these things. Interest groups- private organizations that try and persuade public policy GOVERNMENT-Protect consumers/ economy Public disclosure laws Public interest- health, safety, well being EPA, EEOC, FTC, FDA, OSHA


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