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What is a free system?

A free enterprise system allows individuals to make their own economic decisions, without interference from the government. Free enterprise is a private profit-potential businesses system.


What is a free interprise system?

A free enterprise system allows individuals to make their own economic decisions, without interference from the government. Free enterprise is a private profit-potential businesses system.


How does a mercantile system differ from a free enterprise system?

Mercantilism allows governments to control economies, while the free enterprise system gives individuals more economic control


How does a mercantile system differ from free enterprise system?

Mercantilism allows governments to control economies, while the free enterprise system gives individuals more economic control


How does mercantile system differ from a free enterprise system?

Mercantilism allows governments to control economies, while the free enterprise system gives individuals more economic control


How does a mercantile system differ from a free enterprise?

Mercantilism allows governments to control economies, while the free enterprise system gives individuals more economic control


How does a mercantilism system differ from a enterprise system?

Mercantilism allows governments to control economies, while the free enterprise system gives individuals more economic control


What best describes role of government in a free enterprise system?

Allows individuals to operate their businesses in ways they think will maximize their profits


What type of system is free enterprise system?

Individuals are free to won and control the factors of production


What is free enterprise system?

A free enterprise system allows people to open businesses if they want to. It also allows for businesses to compete with each other.


Why is capitalism so prevalent in the global economy?

Capitalism is prevalent in the global economy because this economic system allows individuals freedom to make choices. With this system, people are free to do what they want to do and use their money where they want to.


What economic system allows competition?

The Free Market system is designed for competition.