Why do you think that the ideal of liberty is important to the free enterprise system?

Social Studies

1 answer:

Furkat [3]1 year ago

5 0

The notion of liberty ensures a person's rights and proclaims its independence from government authority.

This is demonstrated in a free business system by the government's incapacity to intervene in the market to gain complete control over it, as this would be unlawful.

<h3>In what instances do you believe the government should regulate business in a free-market system?</h3>

If the government's objective is to safeguard freedoms and equal rights and duties within the free market system, it may and must regulate firms.

<h3>What is the significance of the right to liberty?</h3>

Liberty, as defined in the Constitution, is freedom from arbitrary and unjustified limitation on a person.

Freedom from restriction refers to more than simply physical restraint; it also refers to the freedom to act on one's own volition.

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