Question

Brooks is the president of an organization founded to protect the American free enterprise system. As a result, he is likely biased toward free enterprise and will be more likely to argue in its favor without considering its drawbacks. Another source that would be helpful would be an article that describes the negative economic and social characteristics of free enterprise. Which of these did you include in your response? Check any that apply?

Answer 1

Answer:

One of the main advantages of the free enterprise system is the entrepreneurs' capacity and proficiency to thrive; and although in many cases it generates employment and brings benefits such as creating income and somehow funding the government via some taxes; people argue that it might generate unemployment when the supply and demand dynamics leads to corruption and situations where consumers get exploited, recession and high inflation.

Answer 2

Answer:

One of the main advantages of the free enterprise system is the entrepreneurs' capacity and proficiency to thrive; and although in many cases it generates employment and brings benefits such as creating income and somehow funding the government via some taxes; people argue that it might generate unemployment when the supply and demand dynamics leads to corruption and situations where consumers get exploited, recession and high inflation