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vesna_86 [32]
3 years ago
7

In a free enterprise system, what drives individuals to risk their savings in a business venture?

History
2 answers:
Travka [436]3 years ago
5 0
Profit drives people to risk their savings 
Sunny_sXe [5.5K]3 years ago
4 0

The correct answer to this open question is the following.

In a free enterprise system, what drives individuals to risk their savings in a business venture is the opportunity to get profits and get rich.

In the free enterprise system, people open many businesses in order to make a profit and get rich. In a free-market economy like the one of the United States, free competence allows people to chose from many companies to get a product. So businessmen open shops, restaurants, factories, and companies to provide goods and services that satisfy consumers who pay a fair price to satisfy their needs. The more consumers a company has, the highest the percentage of profit.

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Read this article about quarterly growth in GDP in the United States since 2011. As you read the article, you’ll see many econom
Phantasy [73]

According to the article about quarterly growth in GDP in the United States since 2011, the GDP in the second quarter of 2018 <u>increased</u> by <u>3.2%</u>.

<h3>What is the GDP growth rate?</h3>

The GDP growth rate is the year-over-year (or quarterly) change in the United State's economic output, measured in percentage.

Using the GDP growth rate, it becomes possible to measure how fast an economy is growing.

Thus, we can conclude that based on the article, the GDP in the second quarter of 2018 increased by <u>3.2%</u>.

Learn more about GDP growth rate at brainly.com/question/1690575

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6 0
2 years ago
Which of the sentences below would go in the "problem/concept:column of an everything-i-know chart?
lisov135 [29]

Answer: D

Explanation:

Everyone doesn’t kniw how much credits they need at first

4 0
3 years ago
What practice was not in place in Italy, which allowed city-states to develop there before the rest of Europe?
Anna35 [415]
<span>Feudalism im sure of it</span>
8 0
3 years ago
Read 2 more answers
Stark argues that Greco-Roman religion provided a strong moral foundation for the growth of the Roman Empire.
mario62 [17]
Yes, it is true that Stark argues that Greco-Roman religion provided a strong moral foundation for the growth of the Roman Empire since this was shared by all. 
4 0
4 years ago
21.1 Industrial Revolution notes
Andre45 [30]

This is some rough notes i took on the industrial revolution a few years back. Hope it helps.

The industrial revolution was the change of how things were going to be made and how they were going to be sold, or the change of human labor to machine labor.

The industrial revolution started after 1750 and started in England. Other places would industrialise in the mid 1800s. England had 6 reasons to be ahead of everyone else in industrialization. The had more money than anyone else, colonies, Raw Materials, Workers, Trade Markets, and geography. More than half of England's citizens were unemployed so there were plenty of workers for factories.

New sources of energy like steam,oil (gas and Kerosene),water, and Electricity.

Later advances would reveal atomic, wind, and solar energy.

Increased usage of aluminum, copper, iron, and steel.

Coal became the most important mineral.

Textiles were the first to industrialise and many agricultural improvements were made.

Better Ships, Trains, and automobiles were made that improved transportation.

New means of communication were made like the (telegraph).  .../ / /…= SOS

Telephones and radios were also made that improved communication.

Mass production starts and it makes more stuff faster than normal home businesses.

Urbanisation was people leaving rural, farming places into cities.

Capitalism is a free market economy.

Factory system replaced the domestic system.

Urbanization

The Industrial Revolution brought factories that made many new jobs for citizens. Most farmers were subsistence farmers and could only make enough food for themselves and could not make money. New jobes used wages to pay workers that played them every week or every other week and that was much better. The factory jobs required them to work for a smaller amount of time every day. They can now buy food instead of making it. The pay was low and they also had to pay for food and rent in apartments that the factory owners owned. Working conditions were poor and it was much hotter inside than outside.

The factories could hire women to work and pay them less than a man, women didn’t have many jobs. Work regulations were put into factories and they had to have windows and women had to tie their hair back. Some factories hired children and they could be used to fix things and had to stick their hands in dangerous machines without them being turned off. They also sent children into coal mines because they were smaller. The apartments were small and there could be 4-5 families in a room. Many advancements in agriculture rise. Many Labor problems started and the idea of socialism was started by a man named Karl Marx.Socialism was supposed to be for the worker class. Socialism makes all businesses owned by the government but Karl Marx believed in Communism which had no social classes. In communism everyone is paid the same no matter what they do. The government gives you all of your stuff in communism including your home.

6 0
3 years ago
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