Wednesday, January 25, 2017

Americas "free enterprise system"

The "free enterprise system" is often referred to "free market" or "capitalism". It consists of very few descriptions on ownerships and types of business activities by the government. Considering that this makes the people able to work in jobs they want to and purchase what they want to, it seems to offer more advantages than disadvantages.

Nevertheless, this also maximizes profit over everything and therefore basically cuts out small companies with limited network reach of the competition. When a company is huge, it is likely to remain so and the market nearly never changes. 

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