Economics Today and Tomorrow, Student Edition
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN: 9780078747663
Author: McGraw-Hill
Publisher: Glencoe/McGraw-Hill School Pub Co
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Chapter 2, Problem 17AA
Solution

Examples of economic responsibility of an individual in a free-enterprise system are to be explained.

Two examples of economic responsibility of an individual in a free-enterprise system are:

1.The individual should be able to support themselves and their families. The individual have a responsibility to use their education in such a way that helps them to be the fruitful member of a free-enterprise system.

2. Government is an important part of the economy as it gives the right and responsibility to an individual to elect the government officials. For electing a government officials, it requires the understanding of government policies and examining the outcomes of those policies.

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