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It is true that because of the system of free enterprises, citizens enjoy many advantages. Free enterprise is also known as capitalism. It is an economic system where the individuals in the economy have the freedom to create business with little government intervention.

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Q: Because of the system of free enterprise citizens enjoy many advantages Is this true or false?
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Related questions

What businesses are owned by private citizens?

free enterprise system


Businesses are owned by private citizens?

free enterprise system


Economic system in which businesses are owned by private citizens not by the government?

Capitalistic Economy... also known as Free-Enterprise


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THE PRIVATE ENTERPRISE SYSTEM an economic system that rewards firms for their ability to identify and serve the needs and demands of customers. Another name of it is Capitalism.


What are the advantages of the free enterprise system?

people can spend their money how they want.competition stimulates new ideas and process which works for the advantage of the consumers.Market competition


A sentence with free enterprise system?

The United States is a free enterprise system.


Advantages of democratic style?

Advantages include: Protects the Interest of Citizens, promotes equality, Responsibility and Stability in Administration , Helps Make Good Citizens and helps make change. Democracy is viewed to be an ideal form of political system and government.


What is an enterprise resource planning system?

An enterprise resource planning system is every information system in an organization. The enterprise resource planning system consists of the accounting system, human resource system and the information system an organization has.


How did the free enterprise system affect the price of oil?

it did because Bob Eraser helped them.


How is a communist economic system different from a enterprise system?

A communist economic system is related to a whole country, while an enterprise system is restricted to that enterprise and it isn't a communist system because all employees can drive their own lives.


What are the characteristics of a free entrprise system?

A nation with a free enterprise system recognizes the rights of its citizens to own property and form private business companies. It should be noted however, that in any current day free enterprise nation, the Government places certain restrictions on privately owned companies. Another characteristic would be the right of citizens to vote and to vote for socialist parties if they so desire.