Question

A major idea of this chapter is that (a) government should not interfere with free enterprise (b) the U.S. economy is basically a free enterprise system (c) the manufacture and sale of felt­tipped pens is profitable (d) consumer goods are always plentiful in a free enterprise system.

Answer 1

Answer:

b) the U.S. economy is basically a free enterprise system

What is a enterprise?

A project undertaken or to be undertaken, especially one that is important or difficult or that requires boldness or energy.

How is the United States Economy a free enterprise system?

The United States is considered to have a modified free enterprise economy because its economy has characteristics of both free market economy and command economy.

Learn more about enterprise systems:

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