Question

How do private property rights serve as an incentive in a free enterprise economy ?

Answer 1

Answer:

In a free endeavor economy, business firms will deliver the merchandise that customers need. Five noteworthy highlights characterize free venture: private property, decision, deliberate trade, rivalry, and monetary motivators. Many trust that legislature should give nonexchangeable open merchandise and alter for externalities.

The U.S. financial arrangement of free endeavor works as indicated by five fundamental standards: the opportunity to pick our organizations, the directly to private property, the benefit thought process, rivalry, and customer power. Individuals must utilize the property in protected and sensible routes, obviously.