| Free Enterprise - Prerequisites
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A key prerequisite for the success of free enterprise is to have a "free market."
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| The number one prerequisite to a free market is to have an adequate number of sources and an adequate number of consumers.
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| (Please see Free Market Not.)
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(Simply having a market that operates on supply and demand is insufficient. If either the source or the demand is constrained, the market will not be free.
- Without a sufficient number of sources, the market will be constrained and not free.
- Without a sufficient number of customers, the market will be constrained and not free.
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| (Please see Free Market Not.)
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In fact, whenever there is a constraint on the number of suppliers or the number of customers ...
anywhere along the supply chain
... the benefits of a free market will be lost and free enterprise will not truly exist.
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