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Why is legal equality important to the free interprise system?

User Mike Green
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2 Answers

1 vote

A free enterprise system allows people to open businesses if theywant to. It also allows for businesses to compete with each other.

User Sysuser
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ANSWER:

Legal equality is critical to the free enterprise system because it guarantees that each and every rightful citizen of a country gets the same and equal legal rights to exercise.

Step-by-step explanation:

  • It also helps to maximize and broaden human capital in the free market. Businesses and consumers control the free market and it is driven through demand and supply.
  • So, in order to run the free market, there must be legal equality so that people can exercise every right they have to run the enterprise.

User Cristian Buse
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