The growth of the free enterprise system was one of the most important economic developments in the early history of the United States. Which statement BEST describes a free enterprise system?
Responses
A The government owns most factors of production needed to make goods and services.The government owns most factors of production needed to make goods and services.
B Individuals participate in business activities with little government interference.Individuals participate in business activities with little government interference.
C The means of production are owned and controlled by society through the government.The means of production are owned and controlled by society through the government.
D Decisions about what to produce and for whom to produce are made by a central authority.
1 answer
B Individuals participate in business activities with little government interference.
1 answer