What is Free Enterprise System? Free enterprises system is an economic system that believes in the efficacy of the interplay of market forces of demand and supply in the allocation and distribution of scarce societal resources. Free enterprise economic system believes in the right of individuals to-own any property through legal...

Features of Two Party System Two Party system may be defined as the existence of only two major political parties in a political system. These two parties are constitutionally recognised to contest elections. Britain is a good example of a two party state. There are two major political parties - the...