American Free Enterprise

Being able to buy what you want and choose your job. Also, business can hire workers and set their prices.

• Economic freedom

• Free enterpise

• Private property

Buyers and sellers freely engage in market transactions.

• Economic freedom

• Profit motive

• Voluntary exchange

People own and control their possessions as they wish.

• Private property

• Profit motive

• Free enterprise

Individuals and firms can risk their investments in a business venture.

• Economic freedom

• Profit motive

• Free enterprise

The struggle among sellers to attract consumers with the best products for the lowest prices.

• Competition

• Free enterprise

• Private property