An economic system based on open competition in a free

An economic system based on open competition in a free market, in which individuals and companies own the means of production
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U.S. Free Enterprise System Quick CheckWhat is open opportunity? A. Open opportunity occurs when consumers and producers can
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What is open opportunity?(1 point) Responses Open opportunity is the free exchange of information in an economic system. Open
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How did the economic system change after 1450 in Western Europe? (2 points)The economy became a complete free market system. The
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how did the economic system change after 1450 in western europe?the economy shifted to focus on cash economies instead of barter
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How did the economic system change after 1450 in Western Europe?A. The economic system was based on industrialization B. The
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witch one is rightHow did the economic system change after 1450 in Western Europe? (2 points) Responses The economy became a
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Why is competition important in a free market system? Select all that apply.Competition causes businesses to raise their prices
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Why does free enterprise system keeps help prices low?A. Producers must meet consumer expectations for the price to be forced
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What does Senghor's statement about African socialism imply about this economic system?(1 point) African socialism was based on
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