Characteristics of free enterprise?

I'm serious when I say that corporate greed environment degradation are 2 of the primary consequences of free enterprise. We have seen in the last 10 years, a huge gap between the rich and the middle...

Private ownershipindividual initiativeprofitcompetition

economic freedom, private property, voluntary exchange, the freedom of profit motive

1. private or corporate ownership of capital goods 2.investments made by private decisions 3.success or failure determined by competition in the market place

The government does NOT control the businesses and except for limited regulation does not interfere.