What best describe the free enterprise system of the US?

Anonymous

∙ 9y ago

Updated: 3/3/2022

One of the best ways to describe free enterprise system in the US is that people run their own businesses with limited control from the government. A free enterprise system operates with five main principles that include competition.

Karianne Feil ∙

Lvl 10

∙ 3y ago

What else can I help you with?

What best describes the free enterprise system of the US?

What describes the free enterprise system of the US?

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

What best describes a free enterprise system?

it is a system that allows regular people to create goods and services for sale.

Does Mexico have a free enterprise socialist or communist?

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

Which of these sentences best describes a free enterprise system?

It is a system that allows regular people to create goods and services for sale.

What are the goals of free enterprise system?

So-called free enterprise is concerned with making profits.

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 the role of an entrepreneur in a free enterprise system?

It is a persOn who work For enterprise

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

Free Enterprise A+

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