Free Enterprise System Analysis

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The Free Enterprise System: Its Strong and Weak Points
In 1993, Katherine Noel Brosnahan and Andy Spade founded the designer brand of Kate Spade New York. Katherine worked as the senior head of accessories for Mademoiselle but later left to pursue her own handbag line. The ability to start her own company is an example of the free enterprise system which is defined as an economy where businesses are free from government control. Free enterprise is also known as capitalism and allows private owners to run and profit from a business rather than the state. The freedom to produce and work in a free enterprise system is a valued concept in the United States and other countries around the world. A positive, successful economy allows the people

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