The American Free Enterprise system establishes the customers and business owners influence over the market. The government does not have control over the economy, but does provide regulations. There are five aspects to the Free Enterprise System; economic freedom, voluntary exchange, private property rights, profit motive, and competition. Each of which contributes to consumer and producer freedom.
It is very important to our Future Business Leaders of America (FBLA) chapter that our community is educated on the Free Enterprise System, as it affects our everyday lives. We set about educating our community by holding presentations and volunteering. We presented to three eighth grade classes at Penn's Grove middle school and we offered a public presentation at the Oxford Library. At both we explained what the American Free Enterprise System is, discussed each aspect of it, and provided examples of daily participation in the Free Enterprise System.
FBLA also volunteered at the Oxford Youth Lighthouse Center; we wanted younger members of our community to start thinking of a possible future as an entrepreneur and to have a basic understanding of the system. John McGlothin, owner of SawMill Grill, graciously came and presented to our Oxford FBLA chapter to discuss his involvement with the Free Enterprise System. We are really excited about our Chapter's efforts in educating our community.
Future Business Leaders of America is an educational association of student members preparing for careers in business or who are just simply interested in learning more about the free enterprise system. FBLA helps students develop leadership abilities, and prepare for entry into, and advancement within, a business or business-related occupation. Members learn how to engage in business enterprise, how to direct the affairs of a group, and how to compete honorably in competitive events. These activities help prepare students to be better employees and better citizens.