1. Goals of the Free Enterprise System
You and the Economy

2. Mixed Market Economy
The U.S. has a mixed-market economy As a part of this economy we have a Free Enterprise system—businesses can freely compete The goals of this system are as follows…

3. Harbor a fair Division of Labor
Goal #1
Harbor a fair Division of Labor

4. Allow for Specialization
Goal #2
Allow for Specialization

5. Provide Security (for businesses)
Goal #3
Provide Security (for businesses)

6. Allow for Private Property
Goal #4
Allow for Private Property

7. Provide Freedom (of choice)
Goal #5
Provide Freedom
(of choice)

8. Provide for Productivity
Goal #6
Provide for Productivity

9. Goal #7
Provide Patents-- Government grant giving an inventor the exclusive right to make or sell his or her invention for a term of years

10. Goal #8
Provide Copyrights— Owner’s exclusive rights to control, publish, and sell the original work; guaranteed by the government

11. Goal #9
Strive for Full Employment— When everyone who wishes to work at the going wage rate for their type of labor is employed

12. Goal #10
Strive for efficiency— The capability of acting or producing effectively with a minimum amount or quantity of waste, expense, or unnecessary effort

13. Goal #11
Promote Voluntary Trade— Trade between people/businesses when each one feels he or she is better off after the trade

14. Goal #12
Provide equity— State, quality, or ideal of being just, impartial, and fair