Question

How did the free enterprise system benefit the early U.S. economy?

By allowing government control of all businesses

By enabling individuals to operate businesses with minimal interference.

By setting fixed prices for all goods.

By eliminating competition among businesses

Answer 1

The correct answer is:

**By enabling individuals to operate businesses with minimal interference.**

The free enterprise system in the early U.S. economy allowed individuals to start and run their own businesses with limited government intervention, fostering innovation, competition, and economic growth. This system encouraged entrepreneurship and the development of a diverse range of industries, contributing significantly to the overall prosperity of the nation.