QUESTION IMAGE
Question
the driving force that encourages individuals and organizations to improve their material well - being is known as
free enterprise.
economic freedom.
capitalism
the profit motive.
Brief Explanations
To solve this, we analyze each option:
- Free enterprise: Focuses on the system of business with minimal government intervention, not the driving force for material well - being improvement.
- Economic freedom: Refers to the ability to make economic choices, not the direct force for improving material well - being.
- Capitalism: Is an economic system, not the specific driving force for individuals/organizations to improve material well - being.
- The profit motive: Is the desire to make a profit, which encourages individuals and organizations to take actions (like producing goods, providing services) to improve their material well - being as profit - seeking drives efforts to increase income and wealth.
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D. the profit motive.