The positive aspects of free enterprise are;
- Better quality.
- Lower prices.
- Freedom of choice.
Possible limitations are;
- Lack of fair competition.
- Potential for higher prices.
- Need for consumer knowledge.
<h3 /><h3>What is a Free Enterprise?</h3>
A free enterprise is a sort of economy where the market, and not the government determines the prices of goods and services.
Since the price is a major player in this sort of economy, competitors will be forced to align their prices with the market.
Thus there will be lower prices. However, there might also be a potential for higher prices and unfair competition.
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Answer:
26 true or false questions in. the test
Explanation:
4×12=48 2×26=52 52+48=100
The answer is a loan test
Managers could more accurately be described as occupying contradictory class location because ;
- They do not own the production means but controls workers labor
<h3>Contradictory class location</h3>
Contradictory class location is class assigned to individuals with intermediate roles such as a managers whom are neither in the capitalist class ( Bourgeoisie ) nor working class ( proletariat ) under the marx relational class structure.
Hence we can conclude that Managers could more accurately be described as occupying contradictory class location because ; They do not own the production means but controls workers labor
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