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To prevent "evil monopolies" and to protect the rights of workers. Also to fulfill the needs of public goods and to promote and to encourage competition for the benefit of society.

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Q: Why does the us have a modified free enterprise economy?
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Related questions

What is another term for modified private enterprise economy?

us economy


What is another term for a modified private enterprise economy?

us economy


Why has the US modify the free enterprise economy?

It hasn't modified it at all. You want to start a business you can, or invent something new you can, and create a new concept you can. All of this is free enterprise.


Does the United States have a free enterprise economy?

Yes, the US has a free enterprise economy.


What type of system of economy does the us have?

free enterprise system


What type of system does the economy of the US have?

free enterprise system


Explain why the US is considered to be a free enterprise economy with sovereignty?

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How does the US free enterprise economy relate to individual freedom?

Free Enterprise means individuals have the freedom to start their own businesses. They can succeed or fail or their own


Is the economy of the US a free enterprise?

Generally speaking, Yes. However, the US government does monitor and regulate the economy to certain degree, so the state is not laissez-faire.


Does the US practice a mixed economy?

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


How did the war of 1812 and free enterprise affect the U.S. economy?

food shortages because many farmers were in the war and couldn't harvest their cropThe British blockade caused the US to become more independant. The US economy was strenghthened tremendously.


What economy of the US is a?

A mixed economy that leans more towards free market.