Private enterprise requires which four elements to function effectively?
Communism, capitalism, socialism, and privatization
The right to product safety, consumer choice, freedom of information, and no government intervention in business
Land, labour, capital, and entrepreneurship
Supply, demand, equilibrium, and monopoly
Private property rights, freedom of choice, profits, and competition

Question

Quizplus · Accepted Answer

The Answer of Private enterprise requires which four elements to function effectively?
Communism, capitalism, socialism, and privatization
The right to product safety, consumer choice, freedom of information, and no government intervention in business
Land, labour, capital, and entrepreneurship
Supply, demand, equilibrium, and monopoly
Private property rights, freedom of choice, profits, and competition

Private Enterprise Requires Which Four Elements to Function Effectively