Writing Workshop: The Importance of Free Enterprise
Question 6 of 17 • Crowley Original Credit Economics
Read this outline for an argumentative essay about the free enterprise system.1. The free enterprise system is helpful because it allows for freedom. A. The free enterprise system is the best economic system because it allows individuals to make their own economic decisions.2. The choices of producers and consumers rule the free enterprise system. A. Individuals have the freedom to become entrepreneurs. B. Supply and demand determine their success or failure. C. Some people say without government support only wealthy people can succeed. D. More government interference would restrict freedom and limit the chance for success.3. The free enterprise system is helpful, not harmful, because it allows people to determine their own economic fate.Which statement could be added to the outline as supporting evidence for the claim?
Answer
A
Producers can decide to make new or better products to attract consumers in the free enterprise system.
B
I remember when smart phones first came out and how that changed the telecommunications industry.
C
Government interference is harmful because it can limit the kind of goods producers make.
D
An entrepreneur is a person who starts a new business and assumes a great deal of risk and responsibility.