In the U.S. free enterprise system, property rights give businesses the right to sell their property at any price they want.
U.S. free enterprise system
The U.S. economy is a free enterprise system. That means that individuals own most of our country’s resources, and not the government.This means that supply and demand determine how our resources are used. This enables businessmen to sell their property according to them and not according to the government.
Free Enterprise system
It is an economic system where a government places very few restrictions on the types of business activities or ownership in which citizens participate. Free enterprise countries usually have strong competition among businesses and allow citizens to purchase land and buildings, set their own prices, and choose who they want to do business with.
Thus, in the U.S. free enterprise system, property rights give businesses the right to sell their property at any price they want.
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