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Haylee Leannon

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3y ago

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What is another term for a modified private enterprise economy?

us economy


What is a modified private enterprise economy?

A modified private enterprise economy is based on capitalism but has some government interference to prevent monopolies. Example is the economy of the U.S


What is the name for an economy in which private enterprise and government regulation coexist?

market economy


What is a private enterprise system enterprise system?

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.


A system in which the government both supports and regulates private enterprise is a?

mixed economy


Roles of the government in a mixed economy?

To protect the public and to preserve private enterprise.


What is mixed economie?

A mixed economy is a system, where private and public enterprise are combined.


Does the US practice a mixed economy?

Yes, the US has a mixed economy, partially governmental, partially private enterprise.


What are examples of mixed economy?

When there is free enterprise as well as government control in a country, it is a mixed economy or dual economy. The United States is an example of this with some strong government regulation along with private enterprise.


How does a free enterprise system differ from a mixed economy?

A free enterprise is the freedom of private businesses to operate competitively for profit with minimal government regulation. A mixed economy is a system that allows for the simultaneous operation of publicly and privately owned enterprises


Which is another term of the three enterprise system?

Another term for a free enterprise system is often one called a free market economy. However, with that said, most economies are mixed economies. This blends a degree of government regulation within a private ownership economy. A common error is to use the term "capitalism". This exists nowhere.


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.