1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
denis-greek [22]
3 years ago
6

In 3-4 sentences describe how economic liberty helps water the "money tree" in a free enterprise.

Business
1 answer:
il63 [147K]3 years ago
6 0

Answer:

It helps giving you the ability to choose what you think is best for your business

Explanation:

Vic, using the money tree metaphor is awesome in order to explain. Think about your free enterprise (let’s say… a store that sells trees!).

What you need in order to start and run a business? A place to sell those trees, employees, products, infrastructure, etc., and capital to fund all that. All that business plans and models that you will develop in order to have a successful business will require that you make economic decisions, actions. And, in order to make those decisions, you need economic liberty, which is exactly the ability one has to make economic decisions without political, economic or social blocks.

Imagine that in your region you can only sell trees with red leaves, or your trees are taxed much more than trees coming from overseas, or that employment law requires that no employee gets near a plant (who knows, it could be to prevent allergic season!). That would make super hard to develop your business right?

That’s how economic liberty could help you grow your money tree; into giving you the ability to choose what you think is best for your business.

You might be interested in
Which are objects that fulfill the needs and wants of consumers?
Lostsunrise [7]
The objects that fulfill the needs and wants of consumers are products.
7 0
3 years ago
A select list of transactions for Anuradha's Goals follows:
umka2103 [35]

Answer:

April 1. Paid six months of rent, $4,800

Requires Deferred expense-type of adjusting entry

April 10. Received $1,200 from customer for six month service contract that began April 1.

Requires Deferred revenue-type of adjusting entry

April 15. Purchased a computer for $1,000.

Requires Deferred expense-type of adjusting entry

April 18. Purchased $300 of office supplies on account

Requires Deferred expense-type of adjusting entry

April 30. Work performed but not yet billed to customer, $500

Requires Accrued revenue-type of adjusting entry

April 30. Employees earned $600 in salaries that will be paid May 2.

Requires Accrued expenses-type of adjusting entry

7 0
3 years ago
The next model of a sports car will cost 12.6% less than the current model. the current model costs $31,000 . how much will the
Kaylis [27]
Thirty thousand six hundred and nine
6 0
3 years ago
Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncer
Maksim231197 [3]

Later movers do not face high growth markets. Later movers are also referred to late followrs or later market entrants. These businesses enter the market after the market has been established. By joining the market later, they have an advantage because they can see what kinks have been worked out by other companies, what has worked and was hasn't worked.

5 0
3 years ago
A sales person who convinces a customer to buy a more expensive product than the customer originally intended is using what sale
shusha [124]
A sales person who convinces a customer to buy a more expensive product than the customer originally intended is using what sales technique C. UPSELLING
8 0
3 years ago
Read 2 more answers
Other questions:
  • Which of the following is an unintended consequence of the rise of the primary and caucus system? Question 3 options:
    10·1 answer
  • Opal asks Paolo, who does not understand English, to sign what Opal says is an application to open a bank account. In fact, the
    8·1 answer
  • Multinat is a large corporate with its headquarters in Asia. It wants to open new divisions in Africa and Australia. The company
    5·1 answer
  • stock has a required rate of return of 10.25%, and it sells for $57.50 per share. The dividend is expected to grow at a constant
    14·2 answers
  • The final step in the decision-making process requires that mangers: a.select from a set of potential alternatives. b.identify t
    8·1 answer
  • 9. When Margot applies for a loan, she needs to demonstrate to the bank that she has capital. What could she show them to best d
    5·1 answer
  • If the European subsidiary of a U.S. firm has net exposed assets of 750,000 Euros, and the euro drops in value from $1.30/euro t
    13·1 answer
  • Find the accumulated value of $ 740 at the end of 7 years using a nominal annual rate of interest of 6 % compounded quarterly.
    6·1 answer
  • andrea was physically present in the united states for 150 days in 2023, 120 days in 2022, and 90 days in 2021. under the substa
    6·1 answer
  • If you are an engineer working for a state highway department with the responsibility for overseeing and regulating construction
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!