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A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from the gove . essay

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A free enterprise system gives customers and consumers the flexibility to make their own economic decisions without restrictions from the government.

This is as as a result of capitalism where profit is the major driving factor for any business and adverts are made by producers so that consumers would purchase their goods or services.

Therefore, free enterprise system is necessary because:

gives the consumer freedom to make his economic decisions.

It discourages monopoly.

There is healthy competition among producers

Quality of goods produced are increased as a result of the market demand and size.

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