Question

PLEASE HELP 10 PTS Read this prompt for an argumentative essay.


A free enterprise system provides individuals the opportunity to make their own economic decisions without restrictions from the government. It allows the supply and demand of consumers to determine the success or failure of an economic endeavor. It also requires entrepreneurs to rise or fall on their own without government support. Do you believe this type of economic system is more or less helpful, and why? Write an argumentative essay that explains your position.


What will be the topic of the essay?


the role of government

the rise of entrepreneurs

the free enterprise system

the command economy system

Answer 1

Answer:

yes... this type of economic system is helpful

Explanation:

free enterprisation in businesses or industries or other economical aspects is a great move to increase the economy of the country and reduse the financial burden of the government.

Reasons

1 Quick decision making is possible..

For government to take a decision it will take so much time after discussion, debate, allotment of fund etc and for each and every decision yhe need to take permission which is so much time consuming

2 Financial burden decreases on govt

Govt is spending money an many needs of people and carrying a business or economic factor will add burden and they could not completly focus on governance. If these are under free enterprised system govt could focus more on other developmental activities and governance

3 More effective management

Managing all the affairs by the govt itsrlf will not do good gor the countries economy. efficient management is not possible. divideng the work to others would make the management more effective.

4 taking risk and bold decision

The govt will face criticism and othe future problems if they take a risky decision which prevents government from taking bold experimental decision which is required for further growth. private people can take risk with less.

5 Workers more passionate.

in private firms the salary depends on the growth of the business and hence workers will try their best for incresing the profit.