In a free enterprise system, the government is expected to:A.control important industries such as pharmaceuticals.B.determine the prices for most consumer goods.C.settle legal disagreements between businesses.D.pay entrepreneurs to start innovative companies.

A free enterprise system is a type of economy that:A.focuses on producing and selling goods in local communities.B.ensures that all citizens have jobs and places to live.C.strictly controls corporations to protect consumers.D.prevents governments from interfering with businesses.

One of the key characteristics of the U.S. free enterprise system is:A.limited competition between large businesses in each industry.B.governments deciding which goods will be produced.C.businesses making decisions based on the profit motive.D.strict limits on the kinds of products available to consumers.

A free enterprise system is also called ____________ or a market economyResponsescapitalismcapitalisma mixed economya mixed economycommunismcommunisma dictatorship

What role do entrepreneurs play in a free enterprise system?A.They determine how property rights should be enforced.B.They operate government businesses to compete with corporations.C.They produce innovative new goods and services.D.They create economic regulations to protect citizens.

he major features of the U.S. free enterprise system include:A.many companies competing for customers.B.strict limits on the types of goods available.C.economic decisions motivated by fairness.D.government control over economic decisions.