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Published byEdwin Wade Modified over 9 years ago
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Free Enterprise
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American way Land of opportunity Protected by Constitutional Rights Property Rights/Taxation only by Constitution PROFIT MOTIVE- increase individual wealth and standard of living OPEN OPPORTUNITY- mobility in economy ECONOMIC RIGHTS- legal equality, private property rights, free contract agreements, voluntary exchange, competition
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Free Enterprise Consumers- ability to meet wants and needs and let markets know these things. Interest groups- private organizations that try and persuade public policy GOVERNMENT-Protect consumers/ economy Public disclosure laws Public interest- health, safety, well being EPA, EEOC, FTC, FDA, OSHA
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