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people can spend their money how they want.

competition stimulates new ideas and process which works for the advantage of the consumers.
Market competition

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

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.


A sentence with free enterprise system?

The United States is a free enterprise system.


What is a free enterprise system mean?

The Free Enterprise System is based on the right of the individual to run a business for profit with a minimum of government control. The characteristics of a free enterprise system are freedom, competition, and private ownership.


What would have the same meaning as capitalism or a market economy?

Free Enterprise System


Does Mexico have a free enterprise socialist or communist?

It has a free enterprise or "capitalistic" economic system.


What are the goals of free enterprise system?

So-called free enterprise is concerned with making profits.


What is the role of an entrepreneur in a free enterprise system?

It is a persOn who work For enterprise


What economic system does the U.S. use?

Free Enterprise It is not Capitalism A Free Enterprise System is when you have the right to run a business to make a profit with limited interference from the government.


What is a free system?

A free enterprise system allows individuals to make their own economic decisions, without interference from the government. Free enterprise is a private profit-potential businesses system.


The circular flow model of pure capitalism shows how a economic system answers the basic economic questions?

Free Enterprise A+


What are three goals of the free-enterprise system?

So-called free enterprise is concerned with making profits.


The goals of the American free enterprise system are they attainable?

The filas of the american free enterprise sistem are they attainable?