Free Enterprise Mall Walker
Information Sheet
You are walking through the Austin Free-Enterprise Mall. There are lots of exciting businesses to
visit. As you visit, see if you kind find examples of each of the five principles of free-enterprise.
You may not use the business you created. When you jot down the example, don’t just write
down the name of the business. Write down how they demonstrate that principle. For example,
the government regulates this about Scholz Garden
Principle
Competition encourages businesses to
improve goods and services and to keep prices
down.
Property is owned by individuals and
businesses
The desire to make a profit motivates
businesspeople
Individuals, not the government, decide what to
buy and what to manufacture and sell
The government protects private property and
makes sure businesses operate fairly.
Example