EC-015 Individual Activity 1: Characteristics of Private Enterprise
- Due No due date
- Points 0
- Questions 14
- Time Limit None
- Allowed Attempts Unlimited
Instructions
There are several characteristics of the private enterprise system.
These characteristics are:
- Freedom in the marketplace
- Private property
- Limited government control
- Competition
- The profit motive
- The price-directed system
Listed below are examples of these characteristics. Read each statement and write the most appropriate characteristic in the spaces provided.