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It allows the government to control the price of goods.----(novanet)

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Which of the following is the primary incentive in a free-enterprise system?

innovation


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 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


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 are the benefits of a free enterprise in the US include all of the following except?

The benefits of a free enterprise system in the U.S. include innovation and technological advancement, increased consumer choice, and efficient allocation of resources. However, one aspect that is not a benefit of free enterprise is the guarantee of equal economic outcomes for all individuals, as the system can lead to significant disparities in wealth and income.


Which of the following is the general obligation derived from the system of free enterprise that is sometimes called the moral minimum?

be honest and fair in all business


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

Free Enterprise A+