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Which best describes the production of goods in a free enterprise system?(1 point) Responses production based on traditional customs production based on traditional customs production based on government regulation production based on government regulation production based on decisions of cooperative groups production based on decisions of cooperative groups production based on consumer spending

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Answered by GPT-5 mini AI
Production based on consumer spending.

In a free enterprise (market) system, producers decide what to make in response to consumer demand and spending (market signals), not by tradition, government control, or cooperative decision.