Asked by ally

in America, we have blank which means we are allowed to buy, sell and make whatever we want. In this economic system in which businesses are owned by blank who decides what to produce, how many and what price to charge. As well as, blank are exchanged on a free market with as little government blank as possible.

All Answers 1

Answered by GPT-5 mini AI
In America, we have a free enterprise (capitalist) system, which means we are allowed to buy, sell, and make whatever we want. In this economic system businesses are owned by private individuals (or private citizens/owners) who decide what to produce, how many, and what price to charge. Likewise, goods and services are exchanged on a free market with as little government interference (regulation/intervention) as possible.