1. Create a PowerPoint that illustrates the Basic Principles of Free Enterprise 
You must:
a) define the concept/term
b)give a visual by providing example of a business utilizing the concept princi
c) explain how the business practice illustrates the basic principle concept
 
The Basic Principles are the following:
1. Free Enterprise 
2. Competition
3. Profit Motives 
4. Consumer Sovereignty 
5. Contracts 
6. Private property/ intellectual property 
 
The PowerPoint must also contain the answers to the 3 basic economic questions of what is produce, how it’s produced, and for whom to produce 

 

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