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Question
multiple - choice question. private ownership of business provides an incentive for people to work hard because ______. the contracts they write are not enforceable they know they will have to pay heavy taxes there are a lot of rules and regulations they hope to accumulate wealth by making profits
Private ownership allows individuals to keep profits from their business. This profit - motive encourages hard work as people aim to accumulate wealth. The other options are disincentives. Unenforceable contracts, heavy taxes, and many rules would discourage rather than encourage hard work.
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they hope to accumulate wealth by making profits