“No economic system is perfect. But the American Free Enterprise system has empowered millions of people in the past. I know, because I saw it with my own eyes.” Marco Rubio, United States Senator, and many others believe in the American Free Enterprise system. American Enterprise Day is celebrated on November 15 every year.
President Jimmy Carter first announced American Enterprise Day in 1980 to honor the system that constitutes the foundation of the United States economy. It is a day that signifies the freedoms granted to American citizens under the free enterprise system. The free enterprise system is the motivation behind capitalism. It gives each American the right to make their own economic choices. American citizens are allowed the right to control their own businesses. The free enterprise system also allows supply and demand, which dictates the price of products. When supply is low, the demand is high. This is another one of the characteristics of the American free enterprise system.
The American Free Enterprise system also gives American citizens the right to entrepreneurship. This means that all Americans have the right to start their own business, create partnerships with other businesses, and to choose their occupation. Overall, the American Free Enterprise system allows American citizens to choose their own futures. Please take a moment today to appreciate our freedom!