answersLogoWhite

0


Best Answer

The idea of free enterprise allows businesses and owners to maximize their potential in a capitalistic system. There are not restrictions, other than laws and regulations regarding monopolies.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How does free enterprise function in a capitalistic society?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Does Mexico have a free enterprise socialist or communist?

It has a free enterprise or "capitalistic" economic system.


What is a pure capitalistic system?

A capitalistic system is an economic system known as a free enterprise system.


What is pure capitalistic system?

A capitalistic system is an economic system known as a free enterprise system.


What form of government best supports free enterprise?

Capitalistic democracy, anarchy (?).


What is economic responsibility?

Th obligation of individuals in a Free Enterprise/ Market system to function as productive members of society.


Economic system in which businesses are owned by private citizens not by the government?

Capitalistic Economy... also known as Free-Enterprise


What is the economic system of the united state?

The economic system of the United States is a capitalistic market economy, based primarily on free enterprise.


What is the economic system of the United States?

The economic system of the United States is a capitalistic market economy, based primarily on free enterprise.


What is the motto of American Enterprise Institute?

American Enterprise Institute's motto is 'Competition of ideas is fundamental to a free society.'.


What is another term for free enterprise system?

Capitalism. However this is inaccurate, as monopolies are as capitalist as you can get and yet are antithetical to the idea of free enterprise.


What was the relationship between the rights of individuals and the rights of overall society?

What is the free enterprise system


What is a capitalistic system?

A capitalist system involves people working for themselves in order to make a profit. A capitalist government usually believes in rare government intervention, low taxes on businesses, promoting privatisation and encouraging foreign investment.