A free enterprise system is also known as a

Econ 3.1 Flashcards

Flashcard
•
Social Studies
•
5th Grade
•
Hard
Jason Habisch
FREE Resource
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11 questions
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1.
FLASHCARD QUESTION
Front
Back
Capitalist system
2.
FLASHCARD QUESTION
Front
The ability for everyone to enter and compete in the marketplace is called
Back
Open opportunity
3.
FLASHCARD QUESTION
Front
Having the same economic rights under the law is called
Back
Legal equality
4.
FLASHCARD QUESTION
Front
The ability to decide for yourself which legal agreements you will enter into is called
Back
Free contract
5.
FLASHCARD QUESTION
Front
Free to Choose was written by
Back
Milton Friedman
6.
FLASHCARD QUESTION
Front
Free enterprise system promotes
Back
Competition and choice
7.
FLASHCARD QUESTION
Front
Legal equality ensures
Back
Same economic rights for everyone
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