Free Enterprise
Beginning of paper
The term "" is often used to describe America's
market system. Unfortunately, when the government sets rules and standards
for the companies in the system, the result is not . Free
enterprise is defined by Wilson S. Johnson, President of the National
Federation of Independent Business, as "the su ....
Middle of paper
.... result has been competitive prices, a huge web of new
routes, and competitive employee wages. In 1980, Congress got rid of rules
that encouraged railroads to keep unwanted routes, that forced prices too
high to compete with truck and barge rates, or kept prices too low to make
a profit. (3) Now railway companies are making deals with shippers at
competitive rates allowing, once again, the railroads to be an important
part of America. Since the breakup of AT&T in January 1984, almost every
e ....
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Word count: 479
Page count: 2 (approximately 250 words per page)
