List the seven key characteristics of the American free enterprise system. Write a sentence explaining each characteristic. Also give one example of where you have seen this characteristic in our economy. Characteristic

Explanation

Example

Asap how do you think the current presidency has impacted our economic system in america?

Lloyd’s of london was one of the first institutions to offer insurance to merchants and joint-trade companies. a major part of the insurance system involved people who agreed to take responsibility for the insured losses in return for a fee. what were these risk-takers known as? a. joint-stock companies b. investors c. underwriters d. merchants e. capitalists

Supporters of the atomic bomb argued against the idea that the united states should not use the bomb against japan by