A private enterprise system is the foundation of free market capitalism; it involves open markets and competition and is led by private individuals seeking profit. In private enterprise, the government and its agencies d... More »

The most compelling benefit of an enterprise system is that it enables collaboration and efficiency among the departments in an organization. The significant investment often required in infrastructure and organizational... More »

A private enterprise economy is an economic system where the means of production and distribution are owned by the private sector, which carries business for profit-making reasons. This economic system is driven by innov... More »

As of February 2015, the economic system of modern Egypt is based on free market capitalism. It is an important trading partner for many European and Middle Eastern countries. More »

According to the Houston Chronicle, advantages of a free market economy include freedom of innovation and the ability of customers to drive choices in addition to disadvantages such as the danger of the profit margin and... More »

The four basic rights of capitalism include: the right to private property, the right to own a business and keep its profits, the right to freedom of choice and the right to freedom of competition. Freedom of competition... More »

Gas is expensive because commodities traders bid up the price of gas contracts on the commodities futures markets with the intention of selling them for profit. Additionally, the price of gas is high due to the high pric... More »

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