Question

Jose realized that the only dining options in his community are at local restaurants where the wait time is often excessive. He decides to purchase and operate his own food truck in the area. Which indicates that Jose is exercising free enterprise?

a.Jose allows the other dining establishments to set his menu.
b.Jose shares ownership with the local government which will also determine its location.
c.Jose can control how he conducts his food truck business.
d.Jose parks his food truck five miles from the closest eat-in restaurant to avoid competition.

Answer 1

Jose is exercising free enterprise by independently managing his food truck business, which allows him to make his own decisions about operations, manifesting the free enterprise system.

Step-by-step explanation:

Jose is exercising free enterprise because he decides to purchase and operate his own food truck, which indicates he has the autonomy to conduct his business. The option from the question that most clearly represents Jose exercising free enterprise is: c. Jose can control how he conducts his food truck business.

This is based on the principle that in a free enterprise system, individuals have the freedom to make their own choices such as determining the menu, setting the prices, and deciding on the location of the business without undue interference from the government. Unlike sharing ownership with the government or allowing other dining establishments to dictate how he operates, Jose's decision to independently manage his food truck business epitomizes the spirit of private enterprise.