JKM Corporation has decided to relocate its factory to a remote,rural location.The current employees are dismayed and are asking their employee to reconsider.JKM states that they can and will relocate their business wherever they choose.JKM Corporation is asserting which fundamental element of capitalism?

Question

Quizplus · Accepted Answer

JKM Corporation is asserting its right to economic freedom, which is one of the fundamental elements of capitalism. In a capitalist system, individuals and businesses have the freedom to make economic decisions based on their own self-interests, without government interference. JKM is exercising this freedom by choosing to relocate their factory to a more remote and rural location, even though it may negatively impact their current employees.

JKM Corporation Has Decided to Relocate Its Factory to a Remote,rural