What is free enterprise, and how it affects the world and business in the united states.

The term "free enterprise" is often used to describe America's market system. Unfortunately, when the government sets rules and standards for the companies in the system, the result is not free enterprise. Wilson S. Johnson, President of the National Federation of Independent Business, defines free enterprise as "the successful marriage of personal freedom with economic freedom". With free enterprise comes competitive pricing, more wealth which is distributed widely among the population, and small business survival--an …

…rules under which airplanes must fly, for example. Government's role in business should be to see to it that the consumer is safe without limiting his choices and education so he can make the best choices. Deregulation brings the greatest good to the greatest number of people by allowing free enterprise to flourish in even more of America's big industries. Free enterprise had built America and will uphold America as a safe, educated, prosperous nation.