Policies
Under the system of free enterprise, who should produce most goods and services?
Individuals and companies
what is another name for free enterprise?
laissez-faire
what is the opposite of free enterprise?
command-and-control economy
How does Darth Vader prefer his toast?
On the dark side
what is free enterprise?
economic system in which the government intrudes as little as possible in the economic transactions among citizens
What is the most common economic system in the world?
Mixed Economy
The federal government must balance _____ with citizens demands that the government ensure _____ and _____ from unforeseen life events, such as natural disasters.
free enterprise; stability and protections
what is command-and control economy?
the government dictates much of the nations economic activity
Which American core value is addressed in the cartoon?
Free Enterprise
What are features of free enterprise?
Low taxes, property rights, freedom to spend money, market competition, freedom to start a business.
What is a mixed economy?
An economy the mixes the elements of a command economy and free enterprise economy
What is a commonly nationalized industry (run and payed for by the government) in other developed nations?
Healthcare
Their horns don't work
Some people have proposed actions that reduce the influence of government in business. What is this called?
Deregulation
What kind of tea is hard to swallow?
Reality