Other standards detail the property and testing. requirements for gray and white iron castings, cast. iron pipe and fittings, and ductile iron castings. This volume also includes standards on. radiographic examination of castings to be used. with ASTMâs standard reference radiographs.
The free enterprise system in the United States developed soon  after the country gained its independence. This is a system that  allows people or entities to establish theiâ¦r own company, taking a  competitive stance with other businesses, and operate it for their  own profit.
An economic system in which the means of production and distribution are privately or corporately owned and development occurs through the accumulation and reinvestment of profits gained in a free market.(ËkaepÉªtÉËlÉªzÉm). ËkÃ¦pÉªtÉËlÉªzÉmapitalism. n. 1. (Economics) Also called: free enterprise or private enterprise an economic system based on the private ownership of the means of production, distribution, and exchange, characterized by the freedom of capitalists to operate or manage their property for profit in competitive conditions.