nsTeam1RO, nsTeam1RW, nsTeam1_talkRO, nsTeam1_talkRW, Administrators
22,417
edits
Changes
Jump to navigation
Jump to search
Line 1:
Line 1: +
no edit summary
[[Image:Adam Smith.jpg|right|Adam Smith]]
'''Free Enterprise''' is commerce with [[business]] transactions carried on between private individuals or corporations without [[state]] interference or planning. It has been the primary economic model in the U.S. and Britain since the [[Industrial Revolution]], but free enterprise has been tempered somewhat by government regulation. Free enterprise means an unregulated [[economic]] activity that harnesses the power of economic freedom and [[competition]], for the benefit of all. In [[France]] and other places, ironically, this economic model is called [[liberalism]].
'''Free Enterprise''' is commerce with [[business]] transactions carried on between private individuals or corporations without [[state]] interference or planning. It has been the primary economic model in the U.S. and Britain since the [[Industrial Revolution]], but free enterprise has been tempered somewhat by government regulation. Free enterprise means an unregulated [[economic]] activity that harnesses the power of economic freedom and [[competition]], for the benefit of all. In [[France]] and other places, ironically, this economic model is called [[liberalism]].