Use Visual Information Look at the art that illustrates the concept of capitalism and the free enterprise system. The second pillar is labeled Individual Initiative. Considering that the word initiative means “the energy and desire that is needed to do something,” what do you think individual initiative means? According to the drawing, how does it relate to capitalism?

Adescription of at least one real life problem that has to be solved or decision that has to be made using good judgment, and obstacles encountered while making the decision(s) or solving the problem(s) (again, these can be real examples or imagined, but they should clearly illustrate your understanding of the obstacles described.) at least three key terms from the lesson used in your example(s):