1. Free Enterprise

2. Free Enterprise
Cause of American Revolution= = Colonists resentment towards British mercantilism-British making colonists buy only British goods
During the war the British economy was weakened due to boycotts
Gave colonists the opportunity to make economic choices
End of mercantilism= allowed for free enterprise to develop

3. Free Enterprise Free enterprise (Capitalism):
Business based on the choices of individuals
Competition encourages businesses to improves goods
Individuals NOT government make decisions on what to manufacture and sell
Desire to make a profit motivates people

4. Free Enterprise Competing Brands: Dasani: Expertly purified water
Eco Friendly design
Sold by Coca-Cola
Evian
Naya
Pacifica
Island Spring

5. Free Enterprise Competing prices: iPod Touch Best Buy- 199.99
Target
Wal-Mart

6. Free Enterprise Assignment
Compare 2 Ads:
Can be price or brand competition
Newspapers
Magazines
Internet
*Due: Thursday 2/04*

7. Ad Example
Due: Thursday 2/4

8. Free-Enterprise Questions
1. What is your product?
2. Is it competing brands, prices, or both? List brands/prices.
3. How does this show free enterprise?