Free Market Enterprise
posted by Anonymous on .
This economy focuses on Competition.
What goods and services should be produced?
Electronic gadgets, Clothing, accessories, perfumes, vehicles, Spa treatment, Cellphone, toothpaste, chocolate milk.
How should these goods and services be produced?
Factories, Machines, labour, capital, land, minerals
For whom should the goods and services be produced?
Consumers, businesses, individuals, Companies