Which of the following is considered to be the most fundamental right of the private enterprise system?
A) the right to private property
B) the right to guaranteed profits
C) freedom of choice
D) the right to fair competition

Question

Quizplus · Accepted Answer

The right to private property is considered to be the most fundamental right of the private enterprise system as it allows individuals and businesses to own and control assets, which is essential for economic growth and wealth creation. This right is protected by law and enables individuals and businesses to make decisions about the use and allocation of their resources. The other options listed are important for a thriving private enterprise system but are not considered the most fundamental right.

Which of the Following Is Considered to Be the Most