Question

. Limited government involvement promotes independent choice for
consumers and businesses.

. The law of supply and demand increases competition among
companies and helps maintain stable prices.

. Global competition encourages companies to consider how they can
increase their profit margin by limiting production costs, adjusting
prices, and providing a quality product for consumers.

Which of the following titles would best complete this chart?

(1 point)

O
Causes of a Boom-and-Bust Cycle

Effects of the Discovery of Oil at Spindletop

Principles of a Free Enterprise System

Developments in the Aeronautics and Aerospace Industries

C

Answer 1

Principles of a Free Enterprise System

Reason: The statements describe limited government involvement, supply-and-demand, competition, and profit incentives — key features of a free enterprise (market) system.