Question

What benefits from free enterprise (capitalism) can you identify in your own immediate family, extended family, or friends? Be sure to justify your statements with the principles you learned in the course.

Answer 1

Answer:

Most of my family members, both nuclear and extended did not find difficulties in getting jobs.

Explanation:

One of the benefits of capitalism in a country is the high growth rate of the economy. In general, free enterprise market help the citizens of a country to be wealthier. This is so because more companies will open up in such economy, which automatically means there will be a great number of available jobs. This increased number of jobs is what my family is enjoying as there are more and more available jobs resulting from a free enterprise economy.