Question

Which of these is the BEST example of how the free enterprise system of the United States promotes individual initiative? A) Men must register for selective service. B) A citizen may be called to serve on a jury. C) The legislative branch levies an income tax. Eliminate D) Authors can have original works copyrighted.

Answer 1

The correct answer is:

D)    Authors can have original works copyrighted.

Copyright is the best example of the promotion of individual initiative in the free enterprise system of the United States. Copyright and patent protection laws are guaranteed in the constitution to prevent people from using someone else´s idea to sell a product in the marketplace for their own benefit.

Answer 2

It is D. The best example of how the free enterprise system of the United States promotes individual initiative is authors can have original works copyrighted.  

 

EXPLANATION  

Capitalism is an economic system in which free citizens own and use the factors of production to create a product and then make a profit. Thus, products that can be bought and sold on the market without regulations or government intervention are called free markets.

 

If an economy combines capitalism and the free market, then it can be said that the economy is based on very free trade. Free companies have personal resources. This trading system minimizes government interference. Because the basic concepts are very similar, people often equate the terms free market and capitalism to describe the economic system of the United States. The capitalistic free-market economy consists of five important characteristics: like-to-like exchange, profit motives, economic freedom, private property, and competition. These things are very important for our economic success and directly impact the lives of citizens.

 

• Private property

The most prominent feature of capitalism is private property rights, which enable people to own and control their property as they wish. People can use and abuse their property as long as they do not affect others’ rights. So that private property stimulates people to work, save, and invest to have as many rival properties as possible. When people are free to do what they want with their property, they are not reluctant to accumulate, enhance, use or lend their property.  

That copyright is highly valued in countries with concepts like this. Citizens are also protected by the Eligible Process Clause of the Fourteenth Amendment to the U.S. Constitution The clause protects the private ownership rights of the American people. The clause states that the State cannot "seize anyone's life, liberty, or property, without due process of law."

 

LEARN MORE

If you’re interested in learning more about this topic, we recommend you to also take a look at the following questions:

• Infer why the free enterprise system was so important to entrepreneurs and why entrepreneurs were crucial to the free enterprise system:  

brainly.com/question/11211989

KEYWORD: Free Enterprise, Private Property, Rights  

Subject: History

Class: 7 - 9

Subchapter: Free Enterprise