answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What are the main characteristics of a free enterprise economy?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

What are three main types of economics?

The three main types of economics are traditional economy, command economy (AKA planed or directed economy)& free enterprise economy (AKA private capitalism or the market economy)


What is the Main characteristics of USA a developed economy?

Main characteristics of USA, a developed economy? Main characteristics of INDIA,a developing economy? compare both the economics on the basis of characteristics as noted above? stress on those characteristics of Indian economy which seems as weakness in the development of an economy? give your suggesstion on the basis of the detail you have collected above what charecteristic India should achieve to become a developed economy? make an emphasis on the most significant features of economy of USA which are not found in the INDIAN economy?


What best describes the free enterprise system of the US?

One of the best ways to describe free enterprise system in the US is that people run their own businesses with limited control from the government. A free enterprise system operates with five main principles that include competition.


What is the main form of communication between producers and consumers in a free enterprise market?

Prices


What are the main features or characteristics of Rural Economy in India?

The main features or characteristics of rural economy in India include low per capita income, poor distribution of income and resources and so much more. These features are as a result of the poverty levels in the rural areas.

Related questions

What are three main types of economics?

The three main types of economics are traditional economy, command economy (AKA planed or directed economy)& free enterprise economy (AKA private capitalism or the market economy)


What is the Main characteristics of USA a developed economy?

Main characteristics of USA, a developed economy? Main characteristics of INDIA,a developing economy? compare both the economics on the basis of characteristics as noted above? stress on those characteristics of Indian economy which seems as weakness in the development of an economy? give your suggesstion on the basis of the detail you have collected above what charecteristic India should achieve to become a developed economy? make an emphasis on the most significant features of economy of USA which are not found in the INDIAN economy?


US a developed country?

Main characteristics of USA, a developed economy? Main characteristics of INDIA,a developing economy? compare both the economics on the basis of characteristics as noted above? stress on those characteristics of Indian economy which seems as weakness in the development of an economy? give your suggesstion on the basis of the detail you have collected above what charecteristic India should achieve to become a developed economy? make an emphasis on the most significant features of economy of USA which are not found in the INDIAN economy?


What describes the free enterprise system of the US?

One of the best ways to describe free enterprise system in the US is that people run their own businesses with limited control from the government. A free enterprise system operates with five main principles that include competition.


What best describe the free enterprise system of the US?

One of the best ways to describe free enterprise system in the US is that people run their own businesses with limited control from the government. A free enterprise system operates with five main principles that include competition.


What best describes the free enterprise system of the US?

One of the best ways to describe free enterprise system in the US is that people run their own businesses with limited control from the government. A free enterprise system operates with five main principles that include competition.


What is the main form of communication between producers and consumers in a free enterprise market?

Prices


What is the main form of communication between producers and consumers in a free-enterprise market?

Prices


Why type of economy does israel have?

Israel has a modern free-market economy.See the Related LinksThe main industries in IsraelIsrael's main exportsIsrael's resources


What are the main features or characteristics of Rural Economy in India?

The main features or characteristics of rural economy in India include low per capita income, poor distribution of income and resources and so much more. These features are as a result of the poverty levels in the rural areas.


What are the characteristics of command ecomy?

There are a few main characteristics of a command economy. These include having the government make decisions about which sections produce what products, the demand being based on the decision of the market economy, and the pricing being decided by the government.


What are the main characteristics of hardwood tree seeds?

What are the main characteristics of a tree