Advantages of Free Enterprise
This is another name for capitalism, based on private ownership.
What is free enterprise?
The money leftover after the cost to make the product.
What is profit?
Occurs when People who are not in the marketplace benefit or pay the cost.
What is a market failure?
This sport is played with a round ball, two goals
What is soccer/futbol
This superhero is known as the "Web-Slinger" and fights crime in New York City.
Who is Spiderman?
The ability if everyone to take part in market by free choice.
What is free contract?
These groups of individuals hold the power in free enterprise.
Who are producers and consumers?
What are public goods?
This city hosted the Summer Olympics in 2016.
What is Rio?
This singer got famous with songs like "Bad Guy" and is known for her unique style and green hair.
Who is Billy Eillish?
The situation in which everyone has the same economic rights under law.
What is legal equity?
The way that consumers vote.
What is with their wallets?
A person who does not pay for a good or service but receives the benefit.
What is a free rider?
This NBA player holds the record for the most points scored in a single game: 100 points.
Who is Wilt Chamberlain?
This Netflix series about a group of kids fighting supernatural forces is set in the town of Hawkins.
What is stranger things?
The situation in which people decide which legal agreements to get into.
What is free contract?
Sits in the middle of a modified circular flow model.
What is the government?
An example of this would be government buildings and bridges.
What us infrastructure?
Super Bowl winner in 2022.
Who are the LA Rams?
This app is popular for sharing short videos, often featuring dances and trends, especially among teens.
What is tiktok?
What is profit motive?
This company became Barnes and Nobles biggest competitor.
What is amazon?
A side effect if a product that effects someone other than the producer or consumer.
What is an externality?
In baseball, this term describes when a pitcher retires every batter he faces without allowing anyone on base.
What is a Perfect Game?
This game features building and surviving on islands and became a massive hit, especially with its “Battle Royale” mode.
What is fortnite?