Join the IDNLearn.com community and start finding the answers you need today. Our Q&A platform offers reliable and thorough answers to ensure you have the information you need to succeed in any situation.
Why did a free enterprise system develop in the United States?
The Industrial Revolution began in the North. It began there for many reasons. One of them was the Free Enterprise System where people could buy, sell, and produce whatever they want; as long as it was legal. The North needed to makemoney, and since they had poor soil, they came up with other ways to make it. That is why it started in the U.S.
In a free society, people own most of the country's resources and private markets determine the best use for these resources. Free enterprise works because it allows people to do what they do best and trade for the rest.
Thank you for contributing to our discussion. Don't forget to check back for new answers. Keep asking, answering, and sharing useful information. Thank you for visiting IDNLearn.com. We’re here to provide accurate and reliable answers, so visit us again soon.
