The main appeal for the indenture contract for someone looking for work was that it was short time period compared to the amount of money exchanged. When people started sailing over the "New World", young people who have enough money would ask people or specifically rich families to work for families for no pay.
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The U.S. economic system of free enterprise operates according to five main principles: the freedom to choose our businesses, the right to private property, the profit motive, competition, and consumer sovereignty. also known as capitalism.