Question

1. malinda owns a home, and instead of living in it, she decides to rent it out to make more money. which economic freedom does this illustrate?

a freedom to own, use, buy, and sell private property
b freedom to compete for jobs
c freedom to choose which laws to obey
d freedom to control all the money you earn

1. for which of the following do workers compete in a private enterprise system:

a skills
c profits
b benefits
d jobs

19 individuals put limits on their own economic freedom by
a making personal economic choices. c complying with the law.
b competing with others. d. deciding to learn new job skills.

1. one of the factors that directly limits the economic freedom of individuals in a private enterprise system is government

a indecision. c services.
b production. d. taxation.

Explanation:

1. Malinda owns a home and rents it out. This shows her right to use her private - property (the home) as she wishes to make money, which is the freedom to own, use, buy, and sell private property.
2. In a private - enterprise system, workers compete for jobs. Skills are what they use to compete, benefits are what they may get from jobs, and profits are for business owners.
3. Complying with the law is a limit on economic freedom as it restricts certain actions. Making personal economic choices is an exercise of freedom, competing with others is part of the economic environment, and learning new skills is an investment in one's economic future.
4. Taxation directly limits economic freedom in a private - enterprise system as it takes a portion of an individual's income or wealth. Indecision is not a direct factor, production is part of economic activity, and services are what the government may provide in return for taxes.

Answer:

1. a. Freedom to own, use, buy, and sell private property
2. d. Jobs
3. c. complying with the law
4. d. taxation