Free Enterprise

Federal Trade Commission (FTC)
The Federal Trade Commission (FTC) is a federal agency founded in 1915 under the Federal Trade Commission Act of 1914, designed to protect free enterprise and promote fair competition.
Free Enterprise
Free Enterprise refers to the economic system wherein businesses are allowed to operate with minimal government intervention, guided primarily by the forces of supply and demand.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.