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Thirty years ago, Jerome purchased land and built a furniture store in downtown. Over the years, he has purchased space to open additional locations across

Thirty years ago, Jerome purchased land and built a furniture store in downtown. Over the years, he has purchased space to open additional locations across the state. Jerome now owns seven locations with his son, Thomas. Ready to retire, Jerome will pass the operation to his son, and Thomas will inherit the company and all of its assets when Jerome dies. This is an example of the n a capitalist system.
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right to have a job
right to freedom of choice
right to own private property
right to compete
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