A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from the government. It allows the supply and demand of consumers to determine the success or failure of an economic endeavor. As a result, some business owners have become successful, while others have not. In an essay, you will choose an entrepreneur and argue whether the free enterprise system was necessary for that individual to make an impact on the business world.

In light of the given discussion, the United States of America is a free enterprise economy with experiential entrepreneurship one among them is Mitt Romney the top businessman in the US.

Explanation:

This system helps an economy to flourish

Taxation revenue is largely contributed by budding entrepreneurs

The decision making in free enterprises is fast-paced in all aspects

Free enterprises promote major transformations in an economy in terms of public policymaking

Entrepreneur participate in government initiatives to create social infrastructure  

Rapid industrialisation is a central theme of free enterprise

Free enterprises help flourish an economy:

The free enterprise system is a type of economy used in capitalism where the market determines the price of the products and services and not the government, so each individual should be able to make their own economic decision without any problem or restriction. It's an economy where business are free from government control and the only thing that would determine their success or failure would be the supply and demand of the consumers.

So you would have to choose and make some research about an entrepreneur and explain if you think that this system helped that person to make an impact on the business world and what's your posture about it: do you think it works? do you think it's good? Bad? Does it help? Is it fair? Why?; all that using arguments according to what the free enterprise system is.

I hope this helps :)

answerlittle bighorn,1876