QUESTION IMAGE
Question
understanding free enterprise
introduction: sort the tiles to show the positive aspects and limits of free enterprise.
better quality
need for consumer knowledge
freedom of choice
lower prices
lack of fair competition
potential for higher prices
possible benefits
possible limitations
In free - enterprise, competition can drive better quality, offer freedom of choice, and lead to lower prices as benefits. However, it may also have limits like lack of fair competition due to monopolies and the potential for higher prices. The need for consumer knowledge is more of a neutral factor but can be seen as a limit if consumers are not well - informed.
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Possible benefits: better quality, freedom of choice, lower prices
Possible limitations: lack of fair competition, potential for higher prices, need for consumer knowledge