Private ownership
individual initiative
profit
competition
True
Private ownership individual initiative profit competition
Private ownership, individual initiative, profit, and competition.
The United States is a free enterprise system.
-Private ownership of capital goods. -Encourages growth -And competition in the market place
producers motivated by profit
True
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.
Free enterprise system
Private ownership individual initiative profit competition
Private ownership, individual initiative, profit, and competition.
The United States is a free enterprise system.
-Private ownership of capital goods. -Encourages growth -And competition in the market place
Free Enterprise System
It has a free enterprise or "capitalistic" economic system.
Defining technical component and characteristics of an enterprise system vary. They do include, however, software applications that also vary. This is my best answer.
So-called free enterprise is concerned with making profits.