multiple - choice question. private ownership of business provides an incentive for people to work hard…

multiple - choice question. private ownership of business provides an incentive for people to work hard because ______. the contracts they write are not enforceable they know they will have to pay heavy taxes there are a lot of rules and regulations they hope to accumulate wealth by making profits

multiple - choice question. private ownership of business provides an incentive for people to work hard because ______. the contracts they write are not enforceable they know they will have to pay heavy taxes there are a lot of rules and regulations they hope to accumulate wealth by making profits

Answer

Brief Explanations:

Private ownership allows individuals to keep profits from their business. This profit - motive encourages hard work as people aim to accumulate wealth. The other options are disincentives. Unenforceable contracts, heavy taxes, and many rules would discourage rather than encourage hard work.

Answer:

they hope to accumulate wealth by making profits