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Competition is important to a free enterprise economy for many reasons including; lower pricing, improving product and attracting consumers.

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11y ago

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What is the primary reason for government to intervene in a free-enterprise economy?

to provide more competition


What is a necessary and extremely important by-product of free enterprise?

competition


What is the primary reasons for government to intervene in a free enterprise economy?

The primary reason for government to intervene in a free enterprise economy is simple. The government deemed something to be harmful or deconstructive.


Does the United States have a free enterprise economy?

Yes, the US has a free enterprise economy.


What is a necessary and extremely important by product of free enterprise?

A necessary and extremely important by-product of free enterprise is competition. This makes it better for consumers who will have the liberty to choose from various suppliers.


How does economy relate to free enterprise?

In an economy based on free enterprise people are free to start their own businesses.


What is argentina's economy type?

The economy is a free enterprise market economy.


What economy does the Philippines have?

The economy of Philippines is based on free enterprise.


WhaT is the difference between free enterprise and market economy?

The difference between free enterprise and market economy is that in a market economy, thr govevernment has little effect on what you do with your company, and in a free enterprise economy, the government has more control over wat goes on with the company. If you. Are over the age of 12 and you asked this, you need some help because I am 11 and I wrote this.


Who makes the decisions in a free enterprise economy?

...


Does Brazil have a free enterprise economy?

Yes it does


What would have the same meaning as capitalism or a market economy?

Free Enterprise System