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OleMash [197]
3 years ago
13

Why is legal equality important to the free interprise system?

Geography
2 answers:
nignag [31]3 years ago
8 0

A free enterprise system allows people to open businesses if theywant to. It also allows for businesses to compete with each other.

UNO [17]3 years ago
3 0

<u>ANSWER:</u>

Legal equality is critical to the free enterprise system because it guarantees that each and every rightful citizen of a country gets the same and equal legal rights to exercise.

<u>EXPLANATION:</u>

  • It also helps to maximize and broaden human capital in the free market. Businesses and consumers control the free market and it is driven through demand and supply.
  • So, in order to run the free market, there must be legal equality so that people can exercise every right they have to run the enterprise.

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Explanation:

In order to learn more about the answer, let's consider describing what the Tropic of Cancer is and what the Tropic of Capricorn is.

Tropic of Cancer- This is also known as "Northern Tropic." It is said that at the time of its naming, the sun was positioned in the <em>Cancer constellation </em>(one of the constellations of the zodiac). It is located at 23.5 degrees north of the equator and runs through the regions mentioned above.

Tropic of Capricorn-  This is also known as <em>"Southern Tropic."</em> It is said that at the time of its naming, the sun was positioned in the Capricorn constellation. It lies at 23.5 degrees south of the equator and runs through the regions mentioned above.

<u>Additional Information</u>

<u>Equator- </u>The imaginary line that divides the earth into the Northern and Southern Hemispheres.

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