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]
4 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]4 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
In a recent speech, the governor of your state announced: "one of the biggest causes of juvenile delinquency in this state is th
Pepsi [2]
<span>A flaw in the governor's reasoning is that a lot of people in that age bracket who are already juvenile delinquents aren't going to stop doing bad things just because they might get paid more at a job. Those people may just not want to have a job and would rather enjoy their youth causing trouble before they have to "settle" into a career.</span>
6 0
3 years ago
And an anonymous survey, 2.5% of your employees say that they are “ready to quit”. You employ 50,000 people. How many are ready
Anit [1.1K]

Answer:

1250

Explanation:

2.5%*50,000=1250

or

50,000*0.025=1250

7 0
2 years ago
When customers have their groceries scanned at the supermarket checkout counter, data regarding product sales and coupon redempt
Masja [62]

COMPLETE QUESTION:

When customers have their groceries scanned at the supermarket checkout counter, data regarding product sales and coupon redemptions are collected and processed by tracking services such as IRI's InfoScan. Consumer product firms such as Procter & Gamble use data collected by IRI to allocate scarce marketing resources. Which of the following data are NOT collected at retail checkout counters?

Answer: household demographics

Explanation:

Consumer product firms such as Procter & Gamble that uses data collected by IRI to allocate scarce marketing resources don't collect consumer's data that includes household demographs because in allocating scarce marketing resources household demographs are not important data.

3 0
3 years ago
Read 2 more answers
Choose the correct answer in the following statements about financial and real assets.
lora16 [44]

Answer: Please refer to Explanation

Explanation:

A financial asset is a non-physical asset that that gets it's value from a contract that was signed by the parties involved.  Financial assets include Bonds, stocks and even cash amongst others.

Real Assets on the other hand are physical assets that can be seen and hence have an inherent value. Examples include buildings and cars.

a.  Toyota <u>creates</u> a <u>real asset</u>- the factory. The loan is a <u>financial asset </u>that is <u>created</u> in the transaction.

The factory becomes a real Asset that is tangible and has an inherent value. The loan was created by an agreement between Toyota and the bank and so is a Financial Asset.

b. When the loan is repaid, the <u>financial</u> asset is <u>destroyed</u> but the <u>real</u> asset continues to exist.

When the loan is repaid, Toyota no longer owns that financial asset because it has gone back to the bank. However, the Real Asset which is the factory that they were able to build will remain with Toyota.

c. The cash is a <u>financial</u> asset that is traded in exchange for a <u>real</u> asset, inventory.

As already mentioned, cash is a financial asset. Inventory is a tangible substance with an inherent value not determined by a contract and so is a Physical Asset. Trading cash for Inventory is therefore trading a financial asset for a physical one.

3 0
3 years ago
Heres a freebe to get more points. whats ur fav disney movie and whos ur fav disney princess. why?
masha68 [24]

Answer:

fav Disney movie: coco fav Disney princess: Tiana

Explanation:

i dont know why I just like them and they dont have a lot of black princesses so yeah

6 0
3 years ago
Read 2 more answers
Other questions:
  • Carradine Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours
    13·1 answer
  • Becker Products is a manufacturer and distributor numerous food products. The company recently reported earnings per share of $5
    14·2 answers
  • occurs in markets with a high concentration of sellers. Any price offered by one company will be matched by its competitors in o
    10·1 answer
  • Nick is going to be graduating in December and has already accepted a position with a major accounting firm. His employer will p
    8·1 answer
  • a decline in discpsable incomeAssume a machine that has a useful life of only one year costs $2,000. Assume also that net of suc
    14·1 answer
  • When conducting qualitative analysis, you can use _______ to get basic information about your data. 
    14·2 answers
  • At December 31, 2020, Desert Company reports the following balances for its liability accounts:   7% note payable issued 10/1/20
    14·1 answer
  • Category Value Net exports $ 50 Value of new goods and services produced in the underground economy 75 Personal consumption expe
    6·2 answers
  • Marin operates a manufacturing business, and this year the three-year-old van she used in the business was destroyed in a fire.
    6·1 answer
  • Land acquired so it can be resold in the future is listed on the balance sheet as a(n)
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!