14 in the seller side of the market suppliers tend to

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14. In the seller -side of the market, suppliers tend to combine with other suppliers to avoid competition or to become more efficient. This means
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Emmanuel Swain Guided Reading Activity Lesson 1 American Free Enterprise Capitalism that participant on the buyer -side of the market have fewer suppliers to choose from. 15. Businesses have most of the same rights as civilians . They can sue and be sued, they can enter into contracts , and they can own property . However, corporations cannot vote . Summary and Reflection Directions: Summarize the main ideas of this lesson by answering the question below. Describe the characteristics of our economic system? Of the benefits and disadvantages of our free enterprise capitalism, which do you think are stronger? Why? The characteristics of free enterprise capitalism is our economic freedom, private property rights, competition, and profit motive. The benefits that is strongest of the choices is capitalism promotes progress. I know that progress is super important. If we never progressed, we will be sitting in the same era, with no scientific or cultural advancements. On the other hand, the strongest of the disadvantages is the gap between the rich and the poor. If people have the mindset that they will never reach up to the level of a rich person, they will never make it.
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