Basic Principles of Free Enterprise.

1. Create a PowerPoint that illustrates the Basic Principles of Free Enterprise 

You must:

a) define the concept/term

b)give a visual by providing example of a business utilizing the concept princi

c) explain how the business practice illustrates the basic principle concept

The Basic Principles are the following:

1. Free Enterprise 

2. Competition

3. Profit Motives 

4. Consumer Sovereignty 

5. Contracts 

6. Private property/ intellectual property 

The PowerPoint must also contain the answers to the 3 basic economic questions of what is produce, how it's produced, and for whom to produce