Question

under free enterprise only the majority of people can buy the goods they prefer; the minority always end up buying those goods they would not prefer to buy." do you agree or disagree with this statement.

Answer 1

I DISAGREE WITH THIS STATEMENT.
Free enterprise refers to the summary of all voluntary business activities in an economy. Under the free enterprise system, no one is forced to do a job or buy a product or do any other thing that he or she does not like. Each individual has the freedom to do exactly what he wants. In this system, producers make products, that are meant to meet the needs of both the majority and the minority; a wide variety of product is available to cater for the needs of both groups.