Choose the correct answer from each drop-down menu to complete the statements.

Question

The free enterprise system was first detailed by
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in his book,
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, published in 1776. This economic system requires a government policy of
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and a market driven by
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Answer 1

The free enterprise system was first detailed by Adam Smith in his book, The Wealth of Nations, published in 1776. This economic system requires a government policy of laissez-faire and a market driven by supply and demand.