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Free Enterprise
Beginning of Essay
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 .... Middle of Essay .... 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
element of tele phoning has been open to competition. Numerous firms have
been formed boasting low long-distance rates, car phone models, fiber-optic
cable, and such. The complexity of customer's bills and oth ....
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Words: 479 - Pages: 2
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