Question

Explain how the drawing relates to entrepreneurship and the rights and responsibilities of starting a business.

Answer 1

A free enterprise system is one in which the market is primarily driven by demand and supply of goods,

What is Entrepreneurship?

This refers to the process of setting up a business as a sole owner, taking all the risks in the hopes of making profit over both short and long tern.

With this in mind, we can see that because of the free enterprise system currently in practise in the United States of America, there is a lot of opportunities for young entrepreneurs to have a crack at the market and make large profits.

Please note that your question is incomplete so I gave you a general overview to give you a better understanding of the concept.

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