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Capitalistic Economy... also known as Free-Enterprise

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Q: Economic system in which businesses are owned by private citizens not by the government?
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Related questions

Do libertarians oppose government intervention in both economic affairs and in the private lives of citizens?

they opposed government intervention only in the economic sector


How are government businesses from private businesses?

Government businesses are controlled by the government private businesses are controlled by the private.Government businesses are set up by Congress.


How government businesses different from private businesses?

Government businesses are controlled by the government private businesses are controlled by the private.Government businesses are set up by Congress.


How are government businesses different from private businesses?

Government businesses are controlled by the government private businesses are controlled by the private.Government businesses are set up by Congress.


What the private sector?

CItizens and businesses


How are government business different from private businesses?

Government businesses are controlled by the government private businesses are controlled by the private.Government businesses are set up by Congress.


What did the government of french do to stimulate economic growth in recent years?

went ham and then nationalized most private businesses.


How are government business different from private business?

Government businesses are controlled by the government private businesses are controlled by the private.Government businesses are set up by Congress.


Economic system in which private businesses run most industries?

Capitalism is an economic system in which individuals and private businesses run most industries


What businesses are owned by private citizens?

free enterprise system


Businesses are owned by private citizens?

free enterprise system


An economic system in which the government owns major industries but allows private ownership of other businesses is called?

Socialism. Complete ownership by the state is Communism.