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harkovskaia [24]
2 years ago
6

Sort the tiles to show the positive aspects and limits of free enterprise.

SAT
1 answer:
Irina-Kira [14]2 years ago
5 0

The positive aspects of free enterprise are;

  1. Better quality.
  2. Lower prices.
  3. Freedom of choice.

Possible limitations are;

  1. Lack of fair competition.
  2. Potential for higher prices.
  3. Need for consumer knowledge.
<h3 /><h3>What is a Free Enterprise?</h3>

A free enterprise is a sort of economy where the market, and not the government determines the prices of goods and services.

Since the price is a major player in this sort of economy, competitors will be forced to align their prices with the market.

Thus there will be lower prices. However, there might also be a potential for higher prices and unfair competition.

Learn more about free enterprise here:

brainly.com/question/3369578

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