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

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.

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.

The system that is based on a free market economy where individuals are allowed to own private property, businesses, industries, and farms. Individuals have the right to start their own businesses and profit from their hard work is referred to by what term?CapitalismCommunismRadicalismSocialism

.An economic system whereby the government controls the means of production and shares the wealth of the nation equally is called  _____________a. Communismb. Capitalism c.c. Socialismd. Oligarchy.

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.