What are the limitations of a free enterprise system? - ProProfs Discuss
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What are the limitations of a free enterprise system?

What are the limitations of a free enterprise system?

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Asked by Zmolls, Last updated: Nov 14, 2024

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2 Answers

Bobby Rickets

Bobby Rickets

Bobby Rickets
Bobby Rickets, Content Reviewer

Answered Dec 17, 2018

A free enterprise system, or capitalism, has the specific downfall of uneven distribution of resources, consumer difficulty in obtaining information, and health-risk products. The main goal of the capitalist world is to allow anyone to get up to the top of the world by their own efforts. In reality, only a few people do that.

This is mainly because the resources are expensive. If there are people that have it all, they can get it for cheap because they can make the purchase that will last for a long while before they have to buy it again.

However, capitalism is all about the money! If you can make money on it, then that’s all you need to worry about it. For this reason, companies made it incredibly hard to find information about their products way back in the day. Nowadays, that’s not too hard to find.

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alexis

alexis

alexis
Alexis

Answered Aug 30, 2017

Uneven distribution of resources, consumer difficulty in obtaining information, and health-risk products.

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