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What are the benefits of a free enterprise economy?

Posted by admin in Finance Tuesday, 25 October 2011 07:33 2 Comments

and also, what is the role of government in a modified free enterprise economy?

thanks.

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2 Comments

  1. 10/25/2011 08:17
    posted by SDD

    Greater efficiency. Faster growth. Freedom to make your own choices.

  2. 10/25/2011 09:06
    posted by Bored Goblin

    benefit is potential for rapid economic and technological growth.

    role of government is to uphold the law, maintain functioning banking system, smooth out the boom&bust cycle inherent in free market, and ensure honest competition (aka anti-trust).