Question

which of the following is a disadvantage of private enterprise:elimination of povertyperiods of unemploymentcareful use of resourcesequal distribution of incomequestion 12private enterprise is based on the idea that everyone is better served wheneconomic resources are controlled by the government.individuals are free to set their own goals.businesses regularly increase their prices.government determines where individuals will work.

Explanation:

• First question: In a private enterprise, there is no guarantee of full - time employment for all. Market fluctuations, competition, and profit - seeking behavior can lead to lay - offs and periods of unemployment. Elimination of poverty (private enterprise may not address root - causes like lack of access to basic services for the poor in some cases), careful use of resources (private enterprise can be wasteful in resource - use in pursuit of short - term profit), and equal distribution of income (private enterprise often leads to income disparities) are not typical disadvantages.
• Second question: Private enterprise is based on the principle of individual freedom. In a private enterprise system, individuals have the freedom to start businesses, choose occupations, and set their own economic goals. When the government controls economic resources (more of a command - economy feature), businesses regularly increase prices (not a fundamental basis but a possible negative outcome in some cases), or the government determines where individuals work (again, a command - economy or highly regulated non - private - enterprise feature), it goes against the core idea of private enterprise.

Answer:

• First question: Periods of unemployment
• Second question: individuals are free to set their own goals.