1. Free enterprise founded upon the principle of democracy
... or her private enterprise." Therefore the free-enterprise is based on the individual building and making a valuable commodity in order to compete with the machine market. For example Mike and Vic plans to buy a machine for the farm in order to compete with other entrepreneurs in the world of technology. There will be a demand for manual labor in order to work ... the machine and a increase the in market value, giving Mike and Vic an high economy profit. With this new valuable production which Mike and Vic have invested on they are now have venture to the competitive world of principle w...
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