how does freedom of choice apply to the US free enterprise system?

Answer 1

You are free to fail in whatever enterprise you have the money for.

Answer 2

In the U.S., consumers are largely free to purchase commodities and services from any producer. Likewise, producers are largely free to produce what they want and sell for whatever price they want. Workers are free to choose whichever employer is willing to take them, and employers are largely free to choose the best employees.

All of this freedom to make economic decisions means that the U.S. free enterprise system is based on voluntary consent. In order to exchange with others, Americans producers and consumers must offer each other something more valuable than what they already have. It is believed that this freedom leads to a great deal of innovation and competition in the U.S. free enterprise system.

Answer 3

Everyone has the freedom to choose whether to make each individual transaction. Furthermore, both sides get to choose whether to make a transaction. And, both sides make the transaction because they believe that they'll be better off after the transaction than before. In other words, we make the transaction because what we exchange for has more value to us than what we give up. Multiply that by the billions of transactions that go on the marketplace and you have a lot of added value.

Answer 4

that is so obvious, for creativity,why